$NIGHT is honestly looking heavy right now. We just saw a massive slide from that 0.11 area and it’s struggling to find any real buyers on this bounce. The price is sitting at 0.078 after hitting a local low of 0.074. Volume is still pretty high at 354M, which usually means the selling pressure hasn't fully exhausted itself yet. If we can’t reclaim 0.082 soon, this is likely just a bear flag forming before another leg down. I'm watching that 0.074 level closely. If that snaps, it could get ugly fast. Keeping a close eye on the next 4h candle.
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Wait, did everyone just look away for a second?
$NIGHT is honestly looking heavy right now. We just saw a massive slide from that 0.11 area and it’s struggling to find any real buyers on this bounce.
The price is sitting at 0.078 after hitting a local low of 0.074. Volume is still pretty high at 354M, which usually means the selling pressure hasn't fully exhausted itself yet.
If we can’t reclaim 0.082 soon, this is likely just a bear flag forming before another leg down. I'm watching that 0.074 level closely. If that snaps, it could get ugly fast.
Keeping a close eye on the next 4h candle.
#PostTowinNight