DUSK at a Critical Crossroads! đ Dip Buying or More Pain?
DUSK is currently feeling the heat with a -16.30% drop today, currently sitting at $0.1022. After hitting a 24h low of $0.0982, we are seeing some buyers step in, but is it enough for a reversal?
The Technical Breakdown:
âą Support Level: The $0.0980 area is acting as local support. If we lose this, we could see a slide toward the $0.0900 level.
âą Moving Averages: The price is currently trading below the MA(25) and MA(99), showing a clear bearish trend on the 15m/1h timeframes.
âą The Opportunity: We are seeing a small "double bottom" attempt on the short-term chart. If the volume picks up, a relief rally to $0.1080 (MA25 area) is highly likely.
My Take: Iâm watching the $0.1000 psychological level closely. If we hold here, itâs a great scalp long opportunity. If we break below $0.0980, Iâm staying patient.
What are your thoughts? Are you buying the dip or waiting for $0.090? Letâs discuss below! đ
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đ Future Trading Position Strategy
If you are looking to open a position, here is a structured "Long" setup based on the current bounce from the $0.0982 low: