#EntryTargetStoploss ๐ฒ$DUSK : #TradeSetup ๐ข Oversold Rebound Brewing in Privacy King?
Hey, let's dive into $DUSK ๐ง I've noticed it's battling bears but flashing buy signals amid extreme fear (Fear & Greed at 10), up 9% today to $0.057 with $36M volume hinting at sneaky accumulation.
๐ Current State:
DUSK's consolidating in a falling wedge after a 7-day dip, low $0.05 to high $0.07 - volume steady, neutral weekly vibe but daily buy rating.
๐ Key Levels:
Support: $0.05 - $0.055
Resistance: $0.07 - $0.075
๐ข ๐ Trading Scenarios:
๐ฏ Bullish Scenario :
Long above $0.058,
target $0.08 ( 40% pop on wedge break ),
stop $0.05 (14% risk) - privacy upgrades could spark it.
๐ฏ Bearish Scenario :
Short under $0.055,
aim $0.04 (27% drop),
stop $0.06 if bulls defend.
๐ Indicator Status :
RSI(6) at 37 screams oversold; StochRSI 4.5 low, MACD neutral but histogram ticking up.
Falling wedge pattern eyes bullish reversal - classic setup for 100% + gains.
๐ Risk Factors:
Extreme fear risks deeper flush if BTC drags; high inflation (15%) caps rallies.
๐ Always do your own research.
๐ For more valuable chart analysis in the bullish segment, follow @KathalVahini