$DUSK ๐ฅ25.81% violent rebound, is it a reversal or a trap๐๐๐
DUSK/USDT surged 25.81% in 24 hours, current price 0.11905 USDT, with a 24-hour trading volume of up to 411 million USDT, market sentiment was instantly ignited๐ฅ
From the daily chart, DUSK previously dropped from a high of 0.29155, touching a low of 0.06827, a decline of over 76%. Today's strong rebound has reclaimed multiple moving averages, with the price returning to the middle band of the Bollinger Bands (0.12942).
From a technical perspective, short-term bullish momentum is strong, but caution is needed for the pressure above:
The middle band of the Bollinger Bands at 0.12942 is a key resistance level
โ The previous densely traded area near 0.14410 has heavy selling pressure
โ If it can stabilize above 0.13, there may be further upward potential
The news and capital flow are the core driving forces behind this rebound. As a potential project in the privacy computing sector, DUSK has seen continuous ecological progress and technical upgrades recently, coupled with increasing market attention towards privacy coins, attracting a large inflow of capital.