Technical Analysis for $DUSK /USDT
Current Price: $0.2311 (+6.16%)
24h High: $0.2352 | 24h Low: $0.2151
SAR Indicator: 0.2324 (indicating potential reversal and trend continuation)
Trade Signal:
Bullish Momentum: The price has shown a positive movement of +6.16% over the last 24 hours, with the SAR indicator at 0.2324 suggesting a continuation of the upward trend.
Key Support Level: $0.2235 (strong support area)
Key Resistance Level: $0.2355 (potential area of resistance)
Target Levels:
1. Target 1 (T1): $0.2355 (resistance level)
2. Target 2 (T2): $0.2400 (psychological resistance)
3. Target 3 (T3): $0.2450 (next major resistance)
Trade Momentum:
Buy Signal: If the price holds above $0.2275 (support) and the momentum remains bullish, enter with targets at $0.2355, $0.2400, and $0.2450.
Stop-Loss: Place below $0.2235 (support level) to manage risk if the price reverses.
This analysis suggests a bullish outlook with upward targets, while ensuring risk management through a stop-loss placement.
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