DUSK's recent market movement has indeed become the focus of the RWA track. Without any fancy tricks, let's directly analyze the current situation of this token:
**The true picture of the market**
The price has directly broken through 43%, and over the past week, it has multiplied several times, a typical "volume and price rise together" scenario. The volume bars are thick and long, indicating that it's not retail investors buying recklessly, but institutional funds are truly investing with real money. The price is now riding well above all moving averages, and the trend strength has reached an incredible level.
**Why is it suddenly so aggressive?**
On the technical side, the mainnet, which had been delayed for so long, finally launched officially in January this year. DUSK is no longer just a promise in the white paper but a real network that can run. This is a substantial progress. More importantly, it has obtained compliance certification in the EU, and is involved in RWA asset tokenization (such as stocks and bonds, traditional assets), belonging to the mainstream players, which provides a reason for funds to enter.
**Where are the key levels?**
Regarding resistance levels, the recent touch around $0.33 is an old trapped zone. Breaking through here requires some chips to be consumed. If there is a pullback, the $0.15-$0.16 range is a strong support formed today. As long as this holds, the upward trend is not over.
**Honest advice**
Currently, the RSI has entered the overbought zone. It is unwise to buy at high levels and take profits from others. It’s better to wait for a volume reduction and a pullback, then look for a good entry around $0.18-$0.20. Missing a wave of market movement is not a big deal; the most feared thing is to hand over your principal when market sentiment is at its craziest. The market will ultimately reward those who can wait.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
TideReceder
· 19h ago
Wait a minute, RSI is already overbought and you're still encouraging people to enter? That's ridiculous.
View OriginalReply0
CantAffordPancake
· 19h ago
Mainnet launch + EU compliance, this is indeed a solid confirmation, much more reliable than just a paper promise.
If this wave doesn't break through 0.33, the rebound space will be limited.
Wait for the volume to decrease before entering. The current position is indeed crazy.
View OriginalReply0
PaperHandsCriminal
· 19h ago
It's the same old story, let's wait until I really get there this time before talking haha
View OriginalReply0
GateUser-bd883c58
· 19h ago
Really, this wave of DUSK has some potential. The dual positive factors of EU compliance and mainnet launch are attracting institutional investors. However, the RSI is overbought, so caution is advised. Buying at high levels might just be waiting to be cut.
View OriginalReply0
TopEscapeArtist
· 19h ago
Getting nervous when RSI is overbought, I said I would wait for a pullback, but I still impulsively chased after it at a high level.
View OriginalReply0
SorryRugPulled
· 20h ago
0.33 is really a hurdle; institutions are really eager to buy in.
Hey, wait a minute, is the EU compliance certification real? Can we really believe this kind of thing?
The mainnet is now live, so it's not just an air coin anymore. By the way, RWA does have some substance.
RSI is overbought but still pushing in; that’s really bold.
Buying at a high level is like giving money to the people who bought earlier. I think I’ll wait for the volume to decrease before acting.
View OriginalReply0
SerumSquirrel
· 20h ago
Institutions are eating up, I'm just eating dirt, a typical story.
Wait for a pullback before talking, rushing in now is purely seeking death.
Entering at 0.18-0.20 is fine if you have the means, don't be greedy.
EU compliance has indeed given confidence, but those who buy at high levels are all cannon fodder.
Mainnet launch is no longer news, it was already digested long ago.
As for Dusk, I see it, but I'm not in a rush to buy, I feel it can still fall.
DUSK's recent market movement has indeed become the focus of the RWA track. Without any fancy tricks, let's directly analyze the current situation of this token:
**The true picture of the market**
The price has directly broken through 43%, and over the past week, it has multiplied several times, a typical "volume and price rise together" scenario. The volume bars are thick and long, indicating that it's not retail investors buying recklessly, but institutional funds are truly investing with real money. The price is now riding well above all moving averages, and the trend strength has reached an incredible level.
**Why is it suddenly so aggressive?**
On the technical side, the mainnet, which had been delayed for so long, finally launched officially in January this year. DUSK is no longer just a promise in the white paper but a real network that can run. This is a substantial progress. More importantly, it has obtained compliance certification in the EU, and is involved in RWA asset tokenization (such as stocks and bonds, traditional assets), belonging to the mainstream players, which provides a reason for funds to enter.
**Where are the key levels?**
Regarding resistance levels, the recent touch around $0.33 is an old trapped zone. Breaking through here requires some chips to be consumed. If there is a pullback, the $0.15-$0.16 range is a strong support formed today. As long as this holds, the upward trend is not over.
**Honest advice**
Currently, the RSI has entered the overbought zone. It is unwise to buy at high levels and take profits from others. It’s better to wait for a volume reduction and a pullback, then look for a good entry around $0.18-$0.20. Missing a wave of market movement is not a big deal; the most feared thing is to hand over your principal when market sentiment is at its craziest. The market will ultimately reward those who can wait.