Lower High Continuation on $NIGHT /USDT
Short – NIGHT/USDT
Entry: 0.0487 – 0.0495
SL: 0.0516
TP1: 0.0475
TP2: 0.0465
TP3: 0.0452
After a strong impulsive rally, NIGHT has transitioned into a clear distribution phase, forming consistent lower highs and failing to sustain above the mid-range resistance. The rejection near 0.0515 confirms supply dominance, while the current structure shows weakening demand with compression toward the downside. As long as price remains below the resistance block, continuation toward deeper liquidity zones is favored.