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#发帖赢代币NIGHT Just checked the 1-hour K-line of NIGHT. This new coin's movement is quite interesting: initially surged from 0.10000 and then pulled back, now oscillating around 0.048. The order book shows buy-side dominance at 81%, indicating short-term buying support is quite strong.
From the volume perspective, recent trading volume hasn't been as explosive as before, suggesting the selling pressure after the surge is weakening. Currently, it's in the "shake-out and accumulation" phase. If it can hold above the key level of 0.05, there's a high probability of another push towards the previous high; if it breaks below the 24h low of 0.046, it might need to retest the previous support at 0.033.
With the high volatility of this new coin, my strategy is to participate with a small position, set a stop loss at 0.045, and add more once it stabilizes above 0.05. Do you think after this consolidation, NIGHT can return to above 0.06?