$NIGHT ‌NIGHT has been moving in a clear downtrend after failing to hold its previous spike. The candles show strong selling pressure, and most of the short-term moving averages are still pointing downward. Buyers tried to step in near the recent low, but momentum remains weak.

RSI sits in a low range, showing bearish pressure but also hinting that the market may be close to a possible short-term stabilization. MACD is still negative, which confirms that sellers are still leading for now.

Future Outlook (Personal Market Opinion Only)

If NIGHT manages to stay above its recent support area, it could attempt a slow recovery. A bounce becomes more likely if RSI starts curving upward or MACD shows a light cross. If the support breaks again, the market may see another drop before stabilizing.

Different Timeframe View

Short-term: Still in bearish momentum but slowing down.

4H View: Needs stronger volume before any reversal.

Trend Shift Clue: Price closing above near-term moving averages.