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Z4F4R
Mar 26, 2024 10:43 AM

DUSK Eyes All-Time High After Price Surge, But Pullback Looms 

Dusk Network / TetherUSBinance

Description

DUSK Network (DUSKUSDT) has been on a tear in recent weeks, with its price reaching its first major resistance level at $0.63 today.

I'm predicting a potential pullback shortly, with support levels around $0.35 and $0.22. However, if the pullback doesn't materialize, DUSK could be poised to break through its previous all-time high of $1.16.

Comment

A monthly resistance at $0.63 proved to be unbreakable, preventing any upward momentum.
The price closing below $0.36 in the monthly chart is a bearish indicator, with the first support level at $0.2226. A further decline below $0.2226 could lead to the crucial support level at $0.1510.
It's essential to keep an eye on these support levels, as they could signal potential price movements in the coming months.
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