💎 DUSK has successfully broken out of its major descending channel pattern, but we're awaiting daily closing confirmation. If the daily candle closes above the channel's resistance trendline, it would validate DUSK's breakout.
💎 Prior to the breakout, DUSK was hovering in a Bullish Order Block (OB) or strong demand zone. This area has been instrumental in preventing further declines for DUSK. After weeks of consolidation, DUSK has finally broken out, signaling bullish momentum. If supported by BTC, DUSK could potentially reach the Bearish OB area to capture liquidity.
💎 This bullish scenario would be invalidated if DUSK closes below the Bullish OB zone.