The market has completely weakened. NIGHT has consecutively formed three long upper shadow Pin Bars on the hourly level, the four-hour MACD just formed a dead cross, and the green bars below the zero line are still increasing, indicating that the selling pressure has not been released at all. Don't talk to me about support below; buying at this position is just giving money to the main force. Market sentiment has reversed, and after the last defense line of the bulls was breached, the space below has completely opened up. My strategy tonight is very clear: a rebound is an opportunity to enter short positions, go in at the current price directly, targeting the previous low breakout. Don’t hesitate, in this kind of downward trend, holding long positions overnight is suicide, hold the short positions steady. @MidnightNetwork #night $NIGHT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.