The current market situation for $VIDT , $DUSK , and $HOOK reflects significant downward pressure, with VIDT leading the decline. Despite recent volatility, these tokens show potential for various trading strategies based on current technical trends.

VIDT has seen a significant breakout from its downtrend, particularly influenced by recent Binance announcements regarding the availability of perpetual contracts with high leverage. This move has led to heightened volatility, making VIDT an interesting candidate for both short and long trades. Currently, VIDT is hovering around $0.044, down over 10%, but with strong buy signals on various moving averages, there is a potential for an upward correction if it breaks through the resistance around $0.068.

DUSK is experiencing a downtrend, currently trading at approximately $0.1967 with a near 6% decline. The overall sentiment remains bearish, and traders should be cautious as it approaches support levels around $0.1900. If this level holds, it could offer a short-term buying opportunity, but breaking below could lead to further declines.

HOOK has been relatively stable, trading at $0.4085, down 5%, but the coin is in a reversal mode with potential for a bullish breakout if it manages to surpass the $0.425 resistance. However, the RSI shows bearish divergence, suggesting traders should wait for confirmation before entering a position.

Given the current trends, traders might consider entering long positions on VIDT if it sustains above its recent highs, while DUSK and HOOK present more cautious opportunities, potentially favoring short positions or waiting for clearer signals. Always apply strict risk management, especially in such volatile market conditions.

Keep an eye on market developments and adjust your strategies accordingly as the situation evolves.#CryptoMarketMoves #PowellAtJacksonHole #Write2Earn! #BlackRockETHOptions #LowestCPI2021