On the hourly chart $DUSK shows a downtrend, with the lows and highs falling. This is clearly visible in the trend line. Despite this, a local low has formed at around 0.0599.
Apparently, it’s about to test the low and then we’ll see how the market reacts. In theory, we should see a bounce.
Token Dusk Network ($DUSK ) is consolidating near $0.061 after the launch of the DuskEVM testnet and the profit-taking phase, holding an important support level. The asset shows signs of institutional accumulation in the backdrop of a partnership with the exchange NPEX for tokenizing assets worth €200 million. At the same time, technical analysis suggests a probability of a bounce to $0.075–$0.083 if the $0.058–$0.061 zone holds. @Dusk
#dusk
Apparently, it’s about to test the low and then we’ll see how the market reacts. In theory, we should see a bounce.
Token Dusk Network ($DUSK ) is consolidating near $0.061 after the launch of the DuskEVM testnet and the profit-taking phase, holding an important support level. The asset shows signs of institutional accumulation in the backdrop of a partnership with the exchange NPEX for tokenizing assets worth €200 million. At the same time, technical analysis suggests a probability of a bounce to $0.075–$0.083 if the $0.058–$0.061 zone holds. @Dusk
#dusk