Midnight Price Prediction: Spot Outflows Clash With Bullish Structure
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NIGHT's price is consolidating around $0.10 after reaching $0.115 but facing profit-taking with $28 million in spot outflows. Key support levels at $0.100 to $0.102 are holding the bullish structure despite short-term corrective momentum.
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- NIGHT is consolidating near $0.10 after rejecting the $0.115 high, with structure cooling but higher lows still intact.
- Heavy spot outflows near $28 million signal profit-taking, limiting immediate upside follow-through.
- VWAP support between $0.100 and $0.102 remains the key level holding the bullish structure together.
Sellers Press After Vertical Expansion
The 1-hour chart shows NIGHT rolling over after a steep impulse leg higher. Price rejected the upper Bollinger Band near $0.115, triggering a pullback toward the mid-band and rising trend support. Parabolic SAR has flipped above price, confirming that short-term momentum has turned corrective rather than trend-driven.
Despite the pullback, structure remains constructive. Higher lows are still intact, and the rising trendline from the breakout near $0.075 has not be…
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