‌NIGHT Breaks Range, Now Testing Its First Real Support Levels:



$NIGHT is in its early price discovery phase, so volatility is expected, but the structure is starting to take shape.

After basing for a while around the 0.04–0.05 area, price expanded strongly and is now trading near 0.067.

The move came with a noticeable increase in volume, which usually signals real participation rather than a thin push. More importantly, price is not giving back the move immediately. It is consolidating above previous resistance, which is a positive sign.

On the 4H chart, short-term moving averages have been reclaimed and are starting to turn upward.

Momentum indicators remain positive, but they are no longer stretched, which suggests the market is cooling rather than topping.

From a levels perspective, the first support zone sits around 0.058–0.060. This area aligns with the prior breakout and short-term averages. As long as price holds above this zone, the structure remains bullish. A deeper pullback could find secondary support near 0.052–0.054, where previous consolidation occurred.

On the upside, immediate resistance is visible around 0.072–0.075, which is where sellers previously stepped in. A clean break and hold above that area would open room toward the 0.085 region. Rejection there would not be surprising, given how early the market still is.

Overall, this looks less like a one-candle event and more like the market beginning to establish fair value.

As long as supports are respected, pullbacks look more like resets than failures. If those supports break, NIGHT likely moves back into range rather than collapsing.

(DYOR)
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NIGHT-9.52%
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