$DUSK 💥25.81% violent rebound, is it a reversal or a trap👇👇👇
DUSK/USDT surged 25.81% in 24 hours, current price 0.11905 USDT, with a 24-hour trading volume of up to 411 million USDT, market sentiment was instantly ignited🔥
From the daily chart, DUSK previously dropped from a high of 0.29155, touching a low of 0.06827, a decline of over 76%. Today's strong rebound has reclaimed multiple moving averages, with the price returning to the middle band of the Bollinger Bands (0.12942).
From a technical perspective, short-term bullish momentum is strong, but caution is needed for the pressure above:
The middle band of the Bollinger Bands at 0.12942 is a key resistance level
The previous densely traded area near 0.14410 has heavy selling pressure
If it can stabilize above 0.13, there may be further upward potential
The news and capital flow are the core driving forces behind this rebound. As a potential project in the privacy computing sector, DUSK has seen continuous ecological progress and technical upgrades recently, coupled with increasing market attention towards privacy coins, attracting a large inflow of capital.