$DUSK

/USDT Technical Analysis & Trade Signal

Current Price: $0.2436

24h Change: +6.52%

Technical Analysis

Trend: Bullish (price up +6.52% in the last 24 hours)

Support Levels:

$0.2165 (24h Low)

$0.2277 (Buy Order Depth)

Resistance Levels:

$0.2460 (24h High)

$0.2463 (Sell Order Depth)

Key Indicators:

RSI (Relative Strength Index): Neutral to Bullish, suggesting the price could continue upward, but watch for overbought conditions.

Moving Averages: Bullish crossover likely (suggesting continuation of uptrend).

Trade Signal

Entry: Buy at $0.2436

Target Levels (🎯):

1. First Target: $0.2460 (24h High)

2. Second Target: $0.2500 (Psychological level)

3. Third Target: $0.2600 (Resistance level)

Stop Loss: $0.2270 (just below recent support)

Momentum

The recent price action indicates bullish momentum. With an upward trend and healthy volume (29.81M DUSK traded), there is a potential for further price increases.

Volume Analysis: Increased buying volume supports upward movement, confirming positive momentum. Keep an eye on any significant drop in volume that may signal weakening momentum.

Recommendation:

Buy if the price holds above $0.2430, with targets set at $0.2460, $0.2500, and $0.2600.

Monitor for bearish signals if the price falls below $0.2270 to avoid potential downside risk.

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