【$NIGHT Signal】Pullback confirmed, bulls strike again

$NIGHT The 1H timeframe price has broken above the upper Bollinger Band, RSI soared to 84, indicating strong momentum. The 4H MACD histogram continues to expand, with the price breaking through the upper band resistance, showing deep buying interest. The bid/ask ratio reaches 1.28, fully exposing the capital support intention. Open interest remains stable, and the price rise is not accompanied by chip loosening, indicating clear main force support characteristics.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 0.04700 - 0.04786 range

🛑Stop Loss: Below 0.04700

🚀Target 1: 0.05130

🚀Target 2: 0.05302

🛡️Trade Management:
- Execution strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.05130 and falls back, exit all positions.

In the past few hours, trading volume has significantly increased, with active buy orders continuously pushing the price higher. The 1-hour EMA lines are arranged in a bullish pattern, and the pullback after moving away from the EMA has been quickly absorbed, indicating a shift to positive market sentiment. This structure of volume and price rising together with stable holdings, with a risk-reward ratio over 4:1, makes it worthwhile to use a smaller stop loss to bet on trend continuation.

View real-time market 👇 $NIGHT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL