#发帖赢代币NIGHT

NIGHT current price 0.06578, is this a correction phase or the start of a new rally?

When NIGHT's price pulls back and stabilizes around 0.06578 USD, the market begins to enter a typical “disagreement period”: bullish traders see this as a golden buying opportunity after a correction, while bearish traders worry that the high-level structure has not been fully digested. From a technical perspective, it currently appears closer to the end of the correction rather than the beginning of a main downtrend.

Regarding key levels, 0.07 USD is the short-term dividing line between bulls and bears. If the price repeatedly encounters resistance here, it indicates a lack of upward consensus; the 0.06 USD level below serves as both psychological and technical support. If this level is effectively broken downward, the market may shift to a defensive mode. Currently, the moving averages are flattening, suggesting that the trend has not yet chosen a direction.

Strategically, NIGHT is not suitable for “emotion-driven full positions.” A more reasonable approach is range trading combined with trend confirmation for adding positions: start with small positions around 0.065 to test the waters, add more if the price dips to 0.06; only when the price volume stabilizes above 0.075 should trend-following be considered. This strategy helps control risk while maintaining the possibility of participating in an upward move.

From a medium-term perspective, NIGHT’s potential remains, but the pace may be slow. If it can successfully break through 0.075 and form higher lows, the medium-term target could reach 0.09–0.11 USD; if it fails to volume up for a prolonged period, the consolidation cycle may be extended.

For investors, the biggest risk is not price volatility but being emotionally drained during sideways movements.