Recently, I've been observing the @MidnightNetwork 's $NIGHT -hour trend. The short-term has now entered a critical range, with support expected around 0.0487 and a breakout anticipated near 0.05. The price is still below the short-term moving averages, indicating that the structure hasn't fully strengthened yet. However, the MACD bearish momentum is slowing down, and the RSI isn't too weak, looking more like a correction rather than a continued drop. Combined with the order book, there is a noticeable buying support around 0.04872; as long as this level holds and is accompanied by a rebound in trading volume, there is still a chance to test the 0.0498-0.0505 area later; if the volume is insufficient, the short-term will likely remain dominated by fluctuations.

#night $NIGHT @MidnightNetwork

NIGHT

0.04333

-12.02%