$DUSK USDT – Promising Long Trade Setup
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Market Overview:
DUSK/USDT is currently forming a bullish ascending triangle pattern, signalling the potential for a breakout. The price is consolidating above the key support zone of $0.1765 - $0.1775, with bullish momentum as resistance levels are being tested.
Trade Setup:
Entry Zone: $0.1770 – $0.1780
Take Profit Levels:
Target 1: $0.1816
Target 2: $0.1840
Stop Loss: $0.1765
Analysis & Insights:
The ascending triangle pattern suggests upward potential, and a breakout above $0.1780 could attract more buyers. The stop-loss below $0.1765 helps manage risk in case the trend reverses.
Pro Tip:
Look for a rise in trading volume to confirm the breakout’s strength. Consider taking partial profits at TP1 while keeping part of the position open to take advantage of further gains if the bullish trend continues.
