#SummerCreationCamp



Massive Buy-Side Volume on $NIGHT at 3.5x

- With this unusual 3.5x volume spike and rapid 10% price surge, it’s very likely smart money is active — either accumulating after a liquidity sweep near 0.01734 or orchestrating a short squeeze.

- I expect a short-term retracement to fill imbalances and shake out late long entries. The most probable scenario is a pullback to the 0.02014 or even as low as 0.01823–0.01745 zone, where buy interest should be confirmed.

- If you see a bullish engulfing pattern, strong bounce, or a clear higher low in these zones (especially with a volume confirmation on lower timeframes), you could consider a long entry.

- Entry: 0.02014 or 0.01823–0.01745 after bullish confirmation.

- Take profit: 0.02094, then 0.02131. If price explodes further, target 0.02626 and 0.02835.

- Stop-loss: Set below the most recent swing low after confirmation.

- Bias will change to bearish only if price closes below 0.01734 with strong momentum — then, expect a deeper liquidity run and stay out of longs until new demand forms.

📝 This is not investment advice, only an educational analysis to help you understand the current situation and trading opportunities. Stay patient and always wait for confirmation before entering after such wild spikes!

$NIGHT ‌
NIGHT-3.76%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned