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$DUSK /USDT: The 0.18 Rejection—Buy the Dip or Wait? 🤔
The 4-Hour chart for DUSK is showing the first signs of cooling off after its massive +45% rally. Currently trading at 0.1643, we are seeing a pullback from the local top of 0.1807.
Here is what the smart money is watching right now:
1. Gravity Kicks In (EMA Gap) 🧲
Price moved too fast, too soon. We are still trading significantly above the yellow EMA 7 (0.1400).
The Setup: In strong uptrends, the price usually needs to "kiss" the EMA 7 before the next leg up. This means a drift down to the 0.1400 - 0.1500 zone is healthy and expected.
2. Indecision Candle 🕯️
Look at the latest 4H candle. It’s leaving a long upper wick (rejection) and a small body. This signals a tug-of-war between buyers taking profits and FOMO traders entering late. The bulls are catching their breath.
3. RSI Still overheated (87.12) 🔥
The RSI has barely budged, sitting at 87. This is still "danger zone" territory. It confirms that the immediate upside might be capped until we see some sideways consolidation to reset this indicator.
🎯 The "Reload" Zones:
🚧 Resistance: The wall is now clear at 0.1807. A 4H close above this resumes the parabolic run.
🛡️ Buy Zone: Conservative traders should set bids near 0.1400 (EMA 7). Aggressive traders might look at 0.1550 (previous consolidation top).
💡 Verdict:
The trend is Bullish, but the entry is Bad right here. Don't chase the red candles. Let the price come down to support at 0.1400 for a high-quality entry.
Did you sell the top at 0.18, or are you holding for 0.20? Share your strategy! 👇
#DUSKARMY.