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NIGHT's trend is indeed worth going long. Looking at the chart, the moving averages are arranged in a fully bullish pattern, with the 4-hour and 1-hour trends continuously pushing higher, and the rebound strength is unstoppable. The MACD above the zero line shows red bars expanding constantly, indicating that the upward momentum has officially started.
The market's capital performance is even more promising. Contract open interest continues to rise, large traders' long positions keep increasing, and active buying is frequently seen at key levels. These signs suggest that the market is quite optimistic about the future.
Regarding trading strategy, you can directly go long around 0.0845, with a stop loss set below 0.082 to manage pullback risks. The initial target is 0.088; if this level is effectively broken, the next target can be 0.09. In this bullish trend, holding positions can be profitable, as the upward space has just begun, and there’s more to play for.