$DUSK Price Forecast: Bulls Target the $0.33 Level

#DUSK price is consolidating around the $0.20 level on Tuesday after posting a sharp 31% rally in the previous session. The privacy-focused blockchain token has gained more than 175% over the past week, supported by a surge in derivatives activity, record trading volume, and a major ecosystem partnership that strengthens its long-term narrative.

Momentum accelerated further on Monday after DUSK announced a partnership with Chainlink (LINK). The collaboration aims to enable cross-chain interoperability for tokenized real-world assets (RWAs), positioning DUSK as an infrastructure layer for compliant, privacy-preserving finance. This development adds fundamental weight to the recent price expansion and shifts attention toward longer-term adoption rather than short-term speculation.

DUSK Derivatives and On-Chain Data Signal Bullish Bias

Derivatives data reinforces the bullish setup. According to CoinGlass, total futures Open Interest (OI) reached a new all-time high of $47.94 million on Monday before stabilizing near $41.38 million on Tuesday. On Binance, DUSK OI climbed to $20.54 million, levels not seen since February 2023.

From a technical perspective, DUSK’s weekly chart remains constructive. The token has printed four consecutive green weekly candles and has nearly tripled since late December. This week, DUSK decisively broke above the $0.17 weekly resistance, turning it into support.

If price holds above this level on a weekly closing basis, bulls could attempt a continuation move toward the December high near $0.33.

Momentum indicators support this outlook. The RSI stands at 79, reflecting strong bullish momentum despite overbought conditions, while the MACD has completed a bullish crossover, with rising green histogram bars signaling trend strength.