@Dusk Network ( $DUSK ) is currently showing a textbook bullish pennant formation on the 15-minute chart. After a solid 6% price surge, the asset is consolidating and building pressure for its next major move toward the $0.25 level.
Key Technical Insights:
1. Pattern: The price is squeezing within a symmetrical triangle, which often leads to a powerful breakout in the direction of the trend.
2. Support: Higher lows are being consistently formed along the rising trendline, showing strong buyer interest.
3. Target: If the breakout occurs with volume, the projected target is the $0.2500 resistance zone.
Trade Setup:
✅ Entry Zone: $0.238 - $0.241
✅ Take Profit: $0.250 - $0.255
✅ Stop Loss: $0.228
Market Momentum:
The volume is holding steady, and the trend remains firmly bullish. Keep a close eye on the $0.242 resistance—once broken, we expect a fast rally! 📈
Disclaimer: Crypto trading involves risk. Always do your own research.
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