Key Levels to Watch: Bullish Reversal or Continued Downtrend for DUSK/USDT?
$DUSK

#DUSK/USDT is trading at $0.2021, down by 0.93%. The price remains below the 200-period moving average (MA) at $0.2115, suggesting a bearish bias unless a breakout occurs.

RSI: At 63.87, approaching overbought territory, which might limit upside potential.MACD: Shows bullish momentum, but the strength is moderate.

Resistance: Immediate resistance is at $0.2115.Support: Key support is at $0.2012, with additional support at $0.1789.

Bullish Scenario:
If the price breaks above the $0.2115 resistance and sustains, it could signal a bullish reversal. This breakout might push the price towards higher resistance levels, possibly targeting $0.2200 and beyond, as traders gain confidence in a trend reversal.

Bearish Scenario:
If the price fails to break above $0.2115 and instead falls below the $0.2012 support level, it may continue its downward trend. A drop below this support could lead to further declines towards $0.1789 or even lower, confirming the continuation of the bearish trend.

Disclaimer: This analysis is provided for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves significant risk, and it is important to conduct thorough research before making any trading decisions.

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