$NIGHT is still stuck in the large range of 0.0412-0.0616$
Usually, when the price has FBO (false breakout) at the upper boundary of 0.0616$, there is a fairly high probability that the price will return to the lower boundary of 0.0412$.
Referring down to the H1 frame, it is stuck in a smaller range of 0.0446-0.0584$, it can be said that there is currently no trend.
Currently, the price is continuously creating higher lows (the trend line below) - This is the trend line for the LONG team, and many traders will place SL below these lows. This is the liquidity for the SHORT team.
The next development is likely to see a slight push up through the area of 0.0522$, if there are unusual signals in the area of 0.0535$, we can open 2 SHORT positions around the area of 0.0535$
Order 1 with small volume:
SL: 0.0563$
TP max: 0.0447$
Order 2 with larger volume:
SL: 0.0592$
TP max 0.0412$
