$NIGHT / Midnight - Deep Correction Dip Buy Signal | High-Risk High-Reward Rebound Setup
Current price at $0.0745 after a brutal -23% dump in the last day – that's a serious shakeout, but look at the bigger picture: this thing ran from ~$0.02 to over $2.50 in a massive vertical pump (that's 100x+ territory), and now we're seeing classic post-euphoria capitulation.
Chart shows price sitting right at the bottom of the impulse leg, holding above the absolute low wick ~$0.021, with volume still elevated (151M+ tokens moved recently) and on-chain liquidity at $1.18M – not terrible for a $1.24B MC project that's clearly got some narrative juice (likely meme/AI/night-themed hype).
Holders are only ~6.5k, so distribution is still very concentrated – perfect for a violent squeeze if any real buying pressure returns. This is textbook "buy the fear" zone after a parabolic run, but it's **extremely volatile** and could easily go lower before bouncing.
**Entry zone:** $0.072 – $0.078 (current levels or slight lower wick grab for max conviction)
Targets (3-step aggressive scale-out):
Target 1: $0.12 (+60-65%) – First quick relief bounce to previous minor support/resistance flip
-Target 2: $0.25 (+235%) – Retest of the mid-impulse area, strong psychological level
Target 3: $0.50+ (+570%+) – If momentum reignites and we get fresh FOMO, back towards the 0.98-2.50 zone extension
Stop-loss: Below $0.065 (firm invalidation) or very tight $0.070 for lower risk (but expect whips)
High conviction dip buy for the brave – this is not for the faint-hearted. Could easily dump another 30-50% before any real recovery, or rip 3-5x in days if the narrative holds.
Not financial advice. Crypto memes are casino level risk. DYOR, size tiny if you're jumping in, and never revenge trade.
Fingers crossed for a NIGHT comeback!

