📢 $DUSK / $USDT | 🔴 SHORT | ⭐ 69%
🎯 Objective: $0.06553. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.06853
🛑 Stop Loss: $0.07033
🏁 TP1: $0.06553
🏁 TP2: $0.06493
🏁 TP3: $0.06373
📉 Analysis:
$DUSK / $USDT shows a fully bearish alignment across the 4h, 1h, and 15m timeframes, confirmed by a triple top pattern and a descending channel. The ADX of 25.48 (indicates trend strength developing) along with a MACD with a bearish cross and an RSI of 30.12 (oversold zone suggesting weakness) ratify the prevailing selling pressure below the POC of $0.07164.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The stop loss is placed above the EMA20, protecting the trade against any attempt at a reversal toward resistance at $0.07253. The bearish thesis remains valid as long as price does not manage to consolidate above the invalidation level, while watching the decreasing volume that suggests a lack of buying interest.
Do you think the $0.066 support has enough liquidity to halt this bearish impulse?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #DUSK #trading #Futures #Bearish
🎯 Objective: $0.06553. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.06853
🛑 Stop Loss: $0.07033
🏁 TP1: $0.06553
🏁 TP2: $0.06493
🏁 TP3: $0.06373
📉 Analysis:
$DUSK / $USDT shows a fully bearish alignment across the 4h, 1h, and 15m timeframes, confirmed by a triple top pattern and a descending channel. The ADX of 25.48 (indicates trend strength developing) along with a MACD with a bearish cross and an RSI of 30.12 (oversold zone suggesting weakness) ratify the prevailing selling pressure below the POC of $0.07164.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The stop loss is placed above the EMA20, protecting the trade against any attempt at a reversal toward resistance at $0.07253. The bearish thesis remains valid as long as price does not manage to consolidate above the invalidation level, while watching the decreasing volume that suggests a lack of buying interest.
Do you think the $0.066 support has enough liquidity to halt this bearish impulse?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #DUSK #trading #Futures #Bearish
