$DUSK USDT SHOWS STRONG RECOVERY MOMENTUM AFTER BREAKING ABOVE SHORT-TERM RESISTANCE
$DUSK has displayed a notable upward movement in the past 24 hours, rising +13.41% to trade around $0.0575, with an intraday high of $0.0600. The recent surge in price indicates growing bullish sentiment, supported by a significant 24-hour volume of 66.11M DUSK, reflecting heightened market participation.
On the technical side, the break above the $0.0550โ$0.0560 resistance zone has triggered momentum buying, suggesting the potential for a short-term trend reversal. The next resistance levels to watch are $0.0600 (psychological barrier) and $0.0611, where sellers may attempt to regain control. A sustained close above this zone could open the path toward $0.0650โ$0.0700.
However, if the price fails to maintain support above $0.0550, a retest of $0.0520 or even $0.0500 remains possible. The rising volume indicates strength behind the move, but traders should watch for potential profit-taking near resistance.
Market Bias: Bullish in the short term, provided stays above $0.0550.
Key Levels:
Resistance: $0.0600, $0.0611, $0.0650
Support: $0.0550, $0.0520, $0.0500
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