The silence before a major market move can be deceptive. While traders focus on the biggest green candles, some assets quietly build a base underneath the surface.
NIGHT is currently around 0.02109, up 0.86 percent over the last 24 hours, with an estimated market cap of approximately PKR 98.15 billion.
The first area I want to see defended is 0.0200 to 0.0207. Holding this region would keep the short term structure constructive and could give buyers an opportunity to attack 0.0230 and 0.0250.
Volume will be extremely important. A breakout without meaningful volume can quickly become a trap, while expanding volume combined with stronger buying pressure could signal that momentum is becoming real.
Entry Price: 0.0205 to 0.0213
Take Profit 1: 0.0230
Take Profit 2: 0.0250
Stop Loss: 0.0192
This is the stage where patience matters. I would rather see confirmation than chase an already extended move.
I am ready for the move and watching NIGHT closely.
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