📊 Price action for DUSK: Key zones after the structure break
The crypto coin DUSK shows an interesting technical pattern after strongly breaking through the prior accumulation zones. The Spot trading volume supports the current move, placing the price in a very favorable discovery range in the short term.
Key levels to trade today:
📈 Bullish Expansion: The daily chart shows a significant increase in buying pressure. If the bulls manage to solidly consolidate this new upper zone, the technical structure projects a direct extension toward the next quarterly resistances.
🛡️ Validation Zone: The key to sustaining this positive momentum is for the price to hold firmly above the former range ceiling (broken resistance). As long as the structure does not suffer candle closes on higher timeframes below that level, the bias remains bullish.
⚠️ Risk Management: Since this is a lower-cap asset than Bitcoin, volatility is usually much more aggressive. Keep a close eye on order flow and use a stop-loss without fail to protect your profits.
Do you think DUSK will maintain the momentum to close the week higher, or will we see a technical pullback in the coming hours? I’d love to hear your thoughts below. 👇
#DUSK #DuskNetwork #CryptoMarket #TechnicalAnalysis #BinanceSquare
#dusk $DUSK @Dusk
The crypto coin DUSK shows an interesting technical pattern after strongly breaking through the prior accumulation zones. The Spot trading volume supports the current move, placing the price in a very favorable discovery range in the short term.
Key levels to trade today:
📈 Bullish Expansion: The daily chart shows a significant increase in buying pressure. If the bulls manage to solidly consolidate this new upper zone, the technical structure projects a direct extension toward the next quarterly resistances.
🛡️ Validation Zone: The key to sustaining this positive momentum is for the price to hold firmly above the former range ceiling (broken resistance). As long as the structure does not suffer candle closes on higher timeframes below that level, the bias remains bullish.
⚠️ Risk Management: Since this is a lower-cap asset than Bitcoin, volatility is usually much more aggressive. Keep a close eye on order flow and use a stop-loss without fail to protect your profits.
Do you think DUSK will maintain the momentum to close the week higher, or will we see a technical pullback in the coming hours? I’d love to hear your thoughts below. 👇
#DUSK #DuskNetwork #CryptoMarket #TechnicalAnalysis #BinanceSquare
#dusk $DUSK @Dusk