$NIGHT is currently quoted at 0.07099, and the market is trapped in a low-volatility oscillation.



【Technical Scan】The recent 15-minute K-line performance is quite interesting—an average of only 0.64% volatility over 10 candles, with occasional touches of 1.05% being considered a big move, and trading volume is average. But the most critical signal has appeared: three consecutive bearish candles. This kind of trend usually indicates that sellers are a bit tired in a sluggish market, with short sellers' pressure exhausted, and conditions for a rebound are brewing.

【Trading Strategy】 Since the continuous decline may have already released some pressure, the probability of a short-term rebound is worth paying attention to.

Bullish outlook: You can cautiously enter long positions in the range of 0.0705 to 0.0710, with a stop-loss set below 0.0695. If the rebound goes smoothly, the previous small high of 0.0720 becomes the first target.

Bearish outlook: Conversely, if the 0.0710 resistance level is not maintained and the price drops with increased volume below 0.0700, the short-term trend will weaken. At this point, you can follow with a small stop-loss short position, targeting 0.0690.

【Important Reminder】 The overall market volatility is low, and the market capacity is limited. Do not hold heavy positions. Timely stop-loss is key, and the opportunity mainly lies at the oversold rebound node.
NIGHT-2.32%
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