Regarding the nearly 20% deep pullback of $DUSK , I personally believe it is related to the early shorting by KOLs. Below is a quick analysis and strategy reference:
Core Situation
$DUSK current price $0.1900, a 24-hour drop of 19.90%. This is a significant profit-taking and technical pullback after a previous series of surges (we analyzed its single-day increase of over 90% before). The price range is $0.1809 - $0.2481, with extreme volatility.
Technical Analysis
The price has fallen below all key moving averages (MA7: $0.1930, MA25: $0.2133, MA99: $0.2159), and the short-term trend has clearly turned weak, entering an adjustment phase.
Key Positions
· Upper Resistance: The recent resistance is at $0.1930 (MA7), with stronger resistance between $0.2130-$0.2160 (MA25/99 overlap area); any rebound must first break through here.
· Lower Support: The primary support is today’s low of $0.1809. If it breaks, the next key support will need to look at the previous breakout platform, possibly in the $0.1650-$0.1700 range.
Operational Thoughts
· If you are a holder: The situation is unfavorable. If the price cannot quickly recover above $0.1930 (MA7), you should consider reducing your position to control risk. You can set $0.1800 as the final stop-loss reference line.
· If you want to bottom fish: Do not rush to act. The risk of catching a falling knife in a downtrend is very high. A more prudent strategy is to wait for the price to show clear stabilization signals (such as a volume increase on the hourly chart) near the key support level of $0.1800 or lower before considering a light position.
· If you are a bystander: Continuing to watch is the best strategy. Focus on observing the price's testing results against the support at $0.1809, as well as whether it can rebound above $0.1930. It is not advisable to act before the trend is clear.
Risk Warning
1. High volatility continues: The token's stock nature is active; sharp rises followed by sharp falls are normal, so be mentally prepared.
2. Weakening trend: After breaking through all moving averages, the short-term initiative is now in the hands of the bears, and the adjustment may not yet be over.
3. Position discipline: If participating, be sure to maintain a very light position and set clear stop-loss points.
Summary
This round of pullback for DUSK is a correction of the previous extreme increase. The current trend has turned bearish, and operations should focus on risk prevention, patiently waiting for market sentiment to be fully released and for a new equilibrium point to emerge.
(The above analysis is based on publicly available market data and does not constitute any investment advice. The market is risky; please make decisions cautiously.)
