After DUSK broke out of its consolidation range, I think the short-term trend still has room to run
Recently, quite a few hot coins have surged quickly.
But I’m not focused on the coins with the biggest one-day gains. I’m watching those that can hold their structure after breaking out.
DUSK is one of them.
On the 4-hour chart:
DUSK had been trading sideways for a long time in the $0.07–$0.09 range.
Then the price broke out of the consolidation range.
It rose as high as:
Around $0.1025
It has now pulled back to:
Around $0.095
My view:
This rally wasn’t just a brief spike.
The price is still holding above the breakout area, and the short-term trend hasn’t been clearly broken.
My trading plan:
Current price:
Around $0.095
If DUSK can continue to hold:
The $0.092–$0.095 range
I’ll consider taking a small position.
Planned position size:
First stage:
30%
If it later breaks above:
The previous high of $0.1025
and volume continues to increase,
I’ll consider increasing my position.
Upside targets:
First target:
Around $0.11
Second target:
Around $0.12
Risk management:
If it falls below:
$0.087
that would mean the breakout structure has failed.
If it falls below:
$0.080
I’ll cancel my short-term bullish plan.
The best opportunities in the market aren’t necessarily the coins at the top of the gainers list.
Often, they’re the ones that have just undergone a structural shift but haven’t attracted everyone’s attention yet.
For now, I’ll keep watching DUSK.
If it breaks above its previous high, I think there’s room for further upside.
If it falls below key support, I’ll follow my risk management plan.
Do you think DUSK can break above $0.1025 and continue higher this time?
$DUSK
#dusk
Recently, quite a few hot coins have surged quickly.
But I’m not focused on the coins with the biggest one-day gains. I’m watching those that can hold their structure after breaking out.
DUSK is one of them.
On the 4-hour chart:
DUSK had been trading sideways for a long time in the $0.07–$0.09 range.
Then the price broke out of the consolidation range.
It rose as high as:
Around $0.1025
It has now pulled back to:
Around $0.095
My view:
This rally wasn’t just a brief spike.
The price is still holding above the breakout area, and the short-term trend hasn’t been clearly broken.
My trading plan:
Current price:
Around $0.095
If DUSK can continue to hold:
The $0.092–$0.095 range
I’ll consider taking a small position.
Planned position size:
First stage:
30%
If it later breaks above:
The previous high of $0.1025
and volume continues to increase,
I’ll consider increasing my position.
Upside targets:
First target:
Around $0.11
Second target:
Around $0.12
Risk management:
If it falls below:
$0.087
that would mean the breakout structure has failed.
If it falls below:
$0.080
I’ll cancel my short-term bullish plan.
The best opportunities in the market aren’t necessarily the coins at the top of the gainers list.
Often, they’re the ones that have just undergone a structural shift but haven’t attracted everyone’s attention yet.
For now, I’ll keep watching DUSK.
If it breaks above its previous high, I think there’s room for further upside.
If it falls below key support, I’ll follow my risk management plan.
Do you think DUSK can break above $0.1025 and continue higher this time?
$DUSK
#dusk