Night (NIGHT), Pump.fun (PUMP), and Bittensor (TAO) led losses over the last 24 hours as the broader crypto market declined, with altcoins under pressure ahead of the holidays. Night is down more than 3% in the latest update, following a roughly 24% drop the day before, and its losses have totaled about 33% for the week since the Sunday peak near $0.1200. In addition, the 4-hour chart shows Cardano’s privacy-focused sidechain risking a break of a local support trendline near $0.07500, with a close below this level potentially extending the decline toward the S1 Pivot at $0.07000 and then to the $0.0500 level.
The MACD remains bearish while the RSI nears oversold territory, indicating continued selling pressure. Pump.fun’s decline targets the $0.001000 level, with the token down around 2% on Wednesday after a 3% drop on Monday and a 3% slide over the prior day’s session. Its immediate support lies at $0.001496, followed by $0.001051, with RSI around 26 and MACD continuing to signal weakness.
Bittensor (TAO) is approaching the $200 level after breaking below $215, risking a test of the S1 Pivot at $194 and potentially the S2 Pivot at $167 if it breaks lower. The RSI sits at 27 in the oversold zone, suggesting renewed selling pressure, and the MACD could indicate renewed bearish momentum. If TAO bounces off the $200 mark, it could retest the declining 50-period EMA near $234.
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