EncryptionWealthAcademy
NIGHT's Price Structure Shows Accumulation Setup
Looking at the chart, the structure appears constructive right now. Once we see a proper trend breakout materialize, price should push toward the identified target zone. For the time being though, the market seems content to grind sideways in the accumulation range—this is actually healthy behavior before any significant directional move.
The key here is patience. Breakout confirmation will be the trigger, but until then, watching how price respects these support/resistance levels will tell us everything we need to know about conviction.
Looking at the chart, the structure appears constructive right now. Once we see a proper trend breakout materialize, price should push toward the identified target zone. For the time being though, the market seems content to grind sideways in the accumulation range—this is actually healthy behavior before any significant directional move.
The key here is patience. Breakout confirmation will be the trigger, but until then, watching how price respects these support/resistance levels will tell us everything we need to know about conviction.
NIGHT-7.69%






