$DUSK Volume has been moderate, with some increased selling volume during price declines. The current volume is 6,701,478, which is below the 5-period MA (14,975,929) and 10-period MA (17,099,053), suggesting a potential decrease in selling momentum or a period of consolidation at the current low.
Support Level: 0.16319
Resistance Levels: 0.168, 0.17387, 0.20208, 0.248
Result . No clear bullish reversal patterns identified yet. Continuation of downtrend.
Technical Indicators.
The price is trading well below the
MA(7) at 0.16800, (Best time for Buy) $DUSK
MA(25) at 0.17387,
MA(99) at 0.20208.
All moving averages are trending downwards and are stacked in a bearish order (shortest below longest), confirming a strong downtrend.
The MA(7) and MA(25) are acting as dynamic resistance.
Short Term: The price is likely to continue its downtrend or consolidate around the current low. A bounce to retest the MA(7) is possible, but sustained upward movement is unlikely without a significant catalyst.
Medium Term: Continued bearish pressure is expected unless a strong reversal pattern emerges and the price breaks above key resistance levels, particularly the MA(25) and MA(99).
Note. This is educational purpose not financial advise DYOR before Trade.
