$DUSK /USDT Price Action Analysis and Market
#dusk /USDT is currently trading around the 0.101 area after facing a sharp rejection from the recent swing high near 0.119. On the 1-hour timeframe, price action shows a clear short-term downtrend following a strong impulsive move upward, indicating profit-taking and weakening bullish momentum. The price has slipped below key moving averages, with MA(7), MA(25), and MA(99) now acting as dynamic resistance zones. This alignment suggests sellers are in control in the near term, and any upside attempts may face pressure around the 0.104–0.108 range.
Volume data reflects increased activity during the rejection phase, confirming that the sell-off was supported by market participation rather than low-liquidity noise. The recent low around 0.1006 is acting as an important short-term support. If this level holds, a consolidation or minor relief bounce could occur; however, failure to defend this zone may open the door for a deeper correction toward the psychological 0.095–0.098 area.
From a broader perspective, despite the short-term weakness, @Dusk still shows strong mid-term performance, with notable gains over the past 30 to 90 days. This suggests that the current move may be a corrective phase within a larger structure rather than a full trend reversal. Traders should closely watch price behavior near support and observe volume and candle structure for confirmation before expecting a trend continuation or breakdown.
