$DUSK /USDT Technical Analysis (4H Chart)
📉 Current Price: $0.0604 (−6.07%)
📊 Moving Averages:
• MA(20): $0.0629
• MA(50): $0.0668
👉 Summary:
DUSK continues its downtrend with gravity pulling hard. The price is sitting below both the 20 and 50-period moving averages, reinforcing the bearish structure. Every bounce has been a lower high — and the most recent rejection from MA(20) confirms sellers are still in control.
🔄 Market Behavior:
Since the $0.0841 high, DUSK has consistently printed lower highs and lower lows — a textbook descending trend. The brief attempt to reclaim the 20MA failed, and the most recent red candle broke the $0.0602 support wick, putting the asset at fresh local lows.
🔥 Momentum Snapshot:
• 📉 Volume is declining slightly but still active around sell-offs.
• 📊 MAs are diverging downward — a classic bear signal.
• 🟥 Price making new local lows with no bullish divergence in sight.
🧱 Key Levels:
• Resistance: $0.0629 (MA20), $0.0668 (MA50), $0.0704 (prior swing high).
• Support: $0.0600 (psychological), then $0.0575–$0.0550 zone (potential historical demand).
📌 Summary:
DUSK is caught in a clear 4H bearish channel. Bulls would need to see a strong bounce followed by a break above $0.0668 to even begin reversing the structure. Until then, every rally looks like a shorting opportunity for trend traders.
⚠️ DYOR – While technicals suggest continuation to the downside, reversal setups can form quickly. Always wait for confirmation before entering trades, and protect capital in trending markets.