DUSK's recent trend is quite interesting. The current price is hovering around 0.0583. Although the 24-hour increase is only +0.85%, which doesn't seem very aggressive, it is stable. The trading volume is quite active, with 153 million DUSK traded and a transaction volume of 9.03 million USD, indicating that there are serious market participants laying out positions.
From the price range perspective, the 24-hour high is 0.06135 and the low is 0.05663. The current position is roughly in the upper half of this range. This consolidation phase is neither clearly bullish nor bearish; it's just testing repeatedly here.
Technical indicators require close attention. The MA moving averages are tightly clustered, and the price is slightly rubbing against the moving averages, with no clear directional signal for now. However, the risk here is indicated by the KDJ, with all three values above 80, especially the J value soaring over 92. This is a strong overbought signal, with short-term correction pressure evident. Looking at the cycle, it has increased by 18% over 7 days and 30% over 30 days, indicating a fairly strong recent trend.
From another perspective, the current position is somewhat risky. The KDJ values this high often can't sustain for long, and a correction could happen at any time. If the price can break through the key level of 0.0614, it might continue upward to test further; but if it falls back to around 0.0566, then it depends on whether this support can hold. Overall, the short-term enthusiasm is here, but chasing the high carries some risk. It's more prudent to wait for a correction or for the price to stabilize before making a move.
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ReverseTradingGuru
· 8h ago
KDJ was already high, so you should have run away earlier. It's a bit slow to still be hesitating now.
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LowCapGemHunter
· 01-12 01:51
KDJ is so explosive, how can you still dare to chase?
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Can 0.0614 break? Feels like a rebound is coming.
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Stable to a degree, but there's nothing interesting.
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Wait for the pullback, it's too expensive to buy in now.
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The trading volume is decent, at least someone is playing.
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A 30% increase in 30 days, this position is indeed risky.
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Support must hold, or it will crash.
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KDJ at 92, definitely going to see a pullback.
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OnChainArchaeologist
· 01-12 01:41
KDJ is already at 92; not chasing the high would be a shame for your own wallet.
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LayerZeroHero
· 01-12 01:40
KDJ soaring to 92 is a bit alarming; those who have tested it know that this level is often a top signal.
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SignatureAnxiety
· 01-12 01:39
KDJ is already at 92, still dare to chase? I think it's trying to bottom out.
This position is indeed a bit risky now; let's wait until it drops again.
Living steadily is more important than anything else; let's just watch this wave.
If 0.0566 can't hold, we have to exit.
Is someone dumping at 0.06? It feels like a move is coming.
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FOMOmonster
· 01-12 01:30
KDJ is so high that it could drop at any time. Chasing the high is just asking for trouble.
DUSK's recent trend is quite interesting. The current price is hovering around 0.0583. Although the 24-hour increase is only +0.85%, which doesn't seem very aggressive, it is stable. The trading volume is quite active, with 153 million DUSK traded and a transaction volume of 9.03 million USD, indicating that there are serious market participants laying out positions.
From the price range perspective, the 24-hour high is 0.06135 and the low is 0.05663. The current position is roughly in the upper half of this range. This consolidation phase is neither clearly bullish nor bearish; it's just testing repeatedly here.
Technical indicators require close attention. The MA moving averages are tightly clustered, and the price is slightly rubbing against the moving averages, with no clear directional signal for now. However, the risk here is indicated by the KDJ, with all three values above 80, especially the J value soaring over 92. This is a strong overbought signal, with short-term correction pressure evident. Looking at the cycle, it has increased by 18% over 7 days and 30% over 30 days, indicating a fairly strong recent trend.
From another perspective, the current position is somewhat risky. The KDJ values this high often can't sustain for long, and a correction could happen at any time. If the price can break through the key level of 0.0614, it might continue upward to test further; but if it falls back to around 0.0566, then it depends on whether this support can hold. Overall, the short-term enthusiasm is here, but chasing the high carries some risk. It's more prudent to wait for a correction or for the price to stabilize before making a move.