Midnight (NIGHT) is experiencing a temporary correction as its 24-hour trading volume plummeted by 50% to $3.97 billion. Open interest also saw a decline, dropping 12% to $10.6 million. Despite these outflows totaling $12.7 million, the spot market remains robust, with $32.4 million spent on NIGHT on December 23.
The Accumulation/Distribution (A/D) indicator suggests ongoing buying pressure, indicating potential for upward movement. Liquidity clusters above current prices keep NIGHT on the radar as an altcoin to watch, according to AMBCrypto.
NIGHT Faces Temporary Correction Amid Trading Volume Decline
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