$DUSK After a single-day surge of over 30%, it is currently consolidating within a narrow range at high levels. The breakout amid massive trading volume and increasing open interest is a typical signal of institutional entry, rather than a short squeeze. The market indicates buying interest absorbing profit-taking, forming a healthy reset.
🎯Direction: Long (Long)
🎯Entry: 0.205 - 0.210
🛑Stop Loss: 0.195 (Rigid Stop Loss)
🚀Target 1: 0.240
🚀Target 2: 0.260
The breakout of $DUSK was accompanied by enormous trading volume and a surge in open interest, which is a strong signal of institutional/main force accumulation. After the breakout, there was no panic selling; instead, a tight flag formation at high levels indicates that selling pressure has been effectively absorbed. As long as the price stays above the 0.20 psychological level, this volume breakout can be sustainable. The retracements on lower timeframes are shallow, with clear buying support, setting the stage for the next upward push.
Trade 👇 $DUSK
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[$DUSK Signal] Long | Healthy reset after volume breakout
$DUSK After a single-day surge of over 30%, it is currently consolidating within a narrow range at high levels. The breakout amid massive trading volume and increasing open interest is a typical signal of institutional entry, rather than a short squeeze. The market indicates buying interest absorbing profit-taking, forming a healthy reset.
🎯Direction: Long (Long)
🎯Entry: 0.205 - 0.210
🛑Stop Loss: 0.195 (Rigid Stop Loss)
🚀Target 1: 0.240
🚀Target 2: 0.260
The breakout of $DUSK was accompanied by enormous trading volume and a surge in open interest, which is a strong signal of institutional/main force accumulation. After the breakout, there was no panic selling; instead, a tight flag formation at high levels indicates that selling pressure has been effectively absorbed. As long as the price stays above the 0.20 psychological level, this volume breakout can be sustainable. The retracements on lower timeframes are shallow, with clear buying support, setting the stage for the next upward push.
Trade 👇 $DUSK
Follow me: Get more real-time analysis and insights on the crypto market!
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