DUSK currently shows a strong technical performance. The price remains around $0.066, with a daily increase of 12.78%, and the monthly gain has reached 54%. From a technical indicator perspective, the EMA 7/25/99 lines form a solid support, and the MACD histogram remains strong. Even though the RSI has entered the overbought zone, there are no obvious signs of a price correction.
The 24-hour trading volume is also impressive—$10.26 million in trading volume, with an average of $1.38 million entering the market each hour. This indicates that market participation is indeed increasing, not just a false boom.
Regarding the holding structure, an interesting point is the change in liquidity. Currently, 30% of the supply is staked, directly reducing the market’s liquid chips. Large holders on the long side have increased their holdings by 26%, now holding 34 large addresses. Some of these bought at the low point of $0.0579, and now their unrealized profit has reached 11.6%, with more positions still being built. On the other hand, the situation for large short positions is not optimistic—89% of short holdings are at a loss, with an average loss of 9.1%.
The fundamental driving force comes from the upcoming launch of the DuskEVM mainnet. According to the roadmap, the tokenization of RWA is also entering the countdown phase. The progress of MiCA compliance certification aligns well with the core needs of traditional financial institutions, which could attract institutional-level attention. The technical upgrades combined with favorable policies make logical sense.
From a trading perspective, if the price can hold steady in the short term, $0.072 is a reasonable target. If a correction occurs, around $0.06 should be the defensive bottom. Before the mainnet launch, this period is usually the most active phase of market sentiment, and similar historical situations often lead to a noticeable rally.
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SurvivorshipBias
· 5h ago
Shorts with 89% loss, this data is a bit harsh, is it real?
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The mainnet hasn't launched yet, and people are already speculating on expectations. Be careful not to become a bag holder.
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Staking reduces 30% of liquid chips. I find it hard to believe this logic.
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0.072 is an ideal scenario; realistically, reaching 0.07 would be good enough. Don't be too optimistic.
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RWA tokenization sounds good, but the actual implementation is another matter. Don't be fooled.
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Entering after a 54% monthly increase? Feels a bit late. Is the risk high, everyone?
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Major long-term holders increased their positions by 26%. Could they be accumulating to prepare for a dump?
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MiCA compliance is definitely a plus, but the approval process in Europe, you know, don't set your hopes too high.
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1.38 million entered per hour. How long can this volume last? Is it genuine or just hype?
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Bought at 0.0579 with an unrealized profit of 11.6%. Are they rushing to build positions due to inside information or just optimistic?
View OriginalReply0
EntryPositionAnalyst
· 13h ago
That 89% loss on the short position, feels good, right?
View OriginalReply0
AirdropHunter9000
· 13h ago
Shorts 89% loss? Haha, that's why I keep holding this coin. The market before the mainnet launch usually doesn't disappoint.
DUSK's recent performance is indeed impressive. Staking with 30% liquidity reduction is the real highlight.
Wait, RSI is overbought and it's still rising? Something's off. Is it about to rally or prepare for a dump?
Honestly, the target of 0.072 isn't greedy. To be cautious, I'll wait until the mainnet is confirmed before increasing my position.
Large investors are continuously accumulating from the bottom. This signal shouldn't be misleading, right?
Institutional certification + RWA + mainnet, I believe in this logic. I'm waiting to buy the dip.
View OriginalReply0
GasFeeCrier
· 13h ago
This bullish setup is pretty good, but the 89% loss in the bear market is just too brutal haha
Just saw that big players are building positions again this morning, feeling like I might hold on and push forward
Waiting for the mainnet launch, that’s the real highlight, institutions are definitely watching the RWA sector
0.072 feels too conservative, I think it can break 0.08
But the RSI is already overbought and still rising? This momentum is a bit fierce, be careful of a dump
DUSK currently shows a strong technical performance. The price remains around $0.066, with a daily increase of 12.78%, and the monthly gain has reached 54%. From a technical indicator perspective, the EMA 7/25/99 lines form a solid support, and the MACD histogram remains strong. Even though the RSI has entered the overbought zone, there are no obvious signs of a price correction.
The 24-hour trading volume is also impressive—$10.26 million in trading volume, with an average of $1.38 million entering the market each hour. This indicates that market participation is indeed increasing, not just a false boom.
Regarding the holding structure, an interesting point is the change in liquidity. Currently, 30% of the supply is staked, directly reducing the market’s liquid chips. Large holders on the long side have increased their holdings by 26%, now holding 34 large addresses. Some of these bought at the low point of $0.0579, and now their unrealized profit has reached 11.6%, with more positions still being built. On the other hand, the situation for large short positions is not optimistic—89% of short holdings are at a loss, with an average loss of 9.1%.
The fundamental driving force comes from the upcoming launch of the DuskEVM mainnet. According to the roadmap, the tokenization of RWA is also entering the countdown phase. The progress of MiCA compliance certification aligns well with the core needs of traditional financial institutions, which could attract institutional-level attention. The technical upgrades combined with favorable policies make logical sense.
From a trading perspective, if the price can hold steady in the short term, $0.072 is a reasonable target. If a correction occurs, around $0.06 should be the defensive bottom. Before the mainnet launch, this period is usually the most active phase of market sentiment, and similar historical situations often lead to a noticeable rally.