Technical Analysis: Battling Critical Support Levels
The DUSK/USDT chart indicates that the pair is still fighting to exit a descending tunnel, yet there are subtle "divergence" signals and signs of early accumulation:
Price Action: Currently trading at 0.0879 after hitting a local bottom at 0.0754. The price remains below the red resistance cloud (SuperTrend), meaning the primary trend is still bearish, but we are seeing serious attempts to form a price floor.
MACD Indicator: A bullish crossover of the MACD lines is visible, with faint green histogram bars appearing above the zero line. This suggests a weakening in selling momentum and the gradual entry of buying liquidity.
Stochastic RSI: The indicator sits at mid-range (around 70), leaving room for further upside before reaching overbought territory, though it requires stronger volume to break the next resistance.
Performance Metrics: The asset has gained 58% over the last 90 days, highlighting its high volatility and potential for rapid price spikes.
🎯 Professional Trade Recommendation (Action Plan)
Pro Tip: The coin is currently in an "accumulation" phase. Entering here requires patience and strict adherence to your stop loss.
Trade Type: Mid-term investment or Swing trade.
Entry Points:Option 1: Partial entry at the current price of 0.0879.
Option 2 (Safer): Enter after a confirmed breakout and hold above the 0.0930 level.
Targets:Target 1: 0.1150
Target 2: 0.1370
Target 3 (Moon): 0.1590
Stop Loss (SL): Daily candle close below 0.0740.
📝 Short Article: "DUSK... The Calm Before the Storm?"
"While most eyes are glued to the market leaders, DUSK seems to be simmering on a low flame. A quick glance at the chart shows the heavy bleeding the asset took from the 0.17 levels, but a seasoned trader sees this current floor as a rare opportunity.
We are now in a true test of buying power. The MACD is starting to show positive divergence, and the price is slowly inching away from its recent historical lows. I won't say the rally starts tomorrow—the market still needs to flip the 0.0930 hurdle to officially declare the end of this sub-downtrend.
My current strategy is quiet accumulation. I’m not chasing massive green candles; instead, I’m buying when fear and silence dominate the room. Remember: real profits are made in the trenches (bottoms) and harvested at the peaks."
#dusk $