$DUSK

/USDT Technical Analysis & Trade Signal

Current Price: $0.2225 (+6.61%)

Key Technical Indicators:

RSI (Relative Strength Index): The RSI shows a value of around 60, indicating that the asset is in a neutral to slightly bullish zone. It is not overbought, suggesting room for further upside.

MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, which is a bullish signal, suggesting upward momentum.

Support Levels:

First Support: $0.2063 (24h low)

Second Support: $0.2193 (Bid Depth)

Resistance Levels:

First Resistance: $0.2284 (24h high)

Second Resistance: $0.2300 (Psychological level)

Trade Signal & Targets:

Trade Signal: Buy if the price remains above $0.2193 with strong momentum to break resistance.

Target Levels 🎯:

1. Target 1: $0.2300 - Break above this level confirms continuation of the uptrend.

2. Target 2: $0.2350 - If momentum persists, a retest of the upper resistance zone is likely.

3. Target 3: $0.2400 - A key psychological level; if the market is strong, this could be the next resistance.

Trade Momentum:

The positive momentum is confirmed by the MACD and RSI, with a steady rise in price and volume. Monitor for any pullbacks at the support levels for entry opportunities.

Stop Loss Suggestion:

Stop Loss: Set below $0.2193 to protect against downside risk if the price fails to break resistance.

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