$DUSK Trend Reversal! 🚨 Retest Confirmed — Are We Heading Lower?
Entry Zone :$0.0790 — $0.0815
Stop Loss :$0.0874 (Above the recent rejection peak)
Take Profit 1 :$0.0630 (Mid-range support)
Take Profit 2 :$0.0403 🎯 (Final Target)
The Breakdown:
Support Flipped: The primary floor at $0.084 has snapped. In the world of trading, when old support becomes new resistance, it’s a major red flag for the bulls. 🚩
The Pivot: We are currently seeing a textbook "retest" of the breakdown zone. This is often where the "smart money" enters short positions to ride the next leg down.
Destination Downside: The market structure suggests a return to the $0.040 region to rebalance the charts. This would be a healthy reset for the long-term trend, but painful for those holding at the top! 🛡️
Traders' Strategy:
Patience is key. Don't FOMO into a bounce—watch for rejection candles at the current resistance before looking for entries.
Is this a "buy the dip" opportunity or a total trend shift? Let’s hear your take in the comments! 👇
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