#美联储降息 NIGHT current price is 0.06916. From the recent low of 0.04705, the rebound has been decent, but it encountered obvious resistance around 0.07169 — unable to break through, and trading volume is also waning, showing signs of stagnation. On the 4-hour chart, the price is approaching the upper Bollinger Band, which is a strong resistance zone. The short-term bullish momentum has basically been exhausted, and subsequent selling pressure will increase.



Technically speaking: the strong resistance above is stuck in the 0.0700-0.0720 range, and only a true breakthrough would be promising. The key support below is at 0.0560-0.0580, which was previously a consolidation platform during the rally and is also the middle Bollinger Band. Once this level is broken, the space opens up to 0.0500-0.0520.

Trading strategy: consider short positions in parts when rebounding to the 0.0685-0.0705 range, with a stop-loss above 0.0730, targeting the 0.0600-0.0620 range. If it directly falls below 0.0580, there's no need to hesitate—go short decisively, with the lower target below 0.0520.
NIGHT2.81%
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SnapshotLaborervip
· 12-16 08:12
It's the same trick again. If the upper resistance can't be broken, then go short. The tactics are all old...
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SerumSqueezervip
· 12-15 13:22
The Bollinger Bands can't break again. I'm tired of this routine. Let's wait for it to fall below 0.058.
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StealthMoonvip
· 12-14 05:50
Stagnation is a signal to sell, hurry up and go short.
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LiquidatedTwicevip
· 12-14 05:50
0.07 above has really hit the top, the signal of declining volume is too obvious
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ETH_Maxi_Taxivip
· 12-14 05:38
The Bollinger Bands are squeezing again. Will it break through this time? Not so sure.
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