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Woah, check out $NIGHT
on the 1-hour chart! 🧐
Something's definitely cooking here after that sharp drop.
It looks like the price found a solid floor around the $0.04080 mark. That's a key support zone now.
We've been seeing some consolidation and recovery candles ever since. Notice the increased volume coming in on those green candles? That's a good sign the buyers are stepping back in.
The immediate resistance to watch is around $0.04750. If we can punch through that convincingly, the next target is back up towards the $0.052 range.
Still a bit early to call a full reversal, but the structure is tightening up. Patience is key here, waiting for confirmation above that resistance.
What do you guys see happening next? Drop a comment! 👇
#PostToWinNIGHT