Dusk Network Update · Perfect Choice

I can tell you exactly what is happening here. I can read this chart for you. I can translate what it says... Let's give it a try!

DUSKUSDT has bullish potential. This trading pair is currently consolidating at bottom prices, trying to move just today above EMA89 (a form of resistance).

We can notice right away how the drop from December 2024 becomes less steep after April 2025. DUSKUSDT goes from a bearish impulse to a reversal pattern.

It is an inverse signal. The fact that prices aren't dropping anymore tells us the market is bullish.

Ok. We have a drop coming from a high in December 2024. This is a strong drop and definitely a bearish impulse. It all changes after 7-April. There is a bounce and the next drop is not a full blown bearish wave but more like a retrace or a stop-loss hunt-event, a shakeout.

The fact that the bearish force is no more—DUSKUSDT is rising and has been rising for months supported by rising volume—indicates that the market is about to turn. Since there is no more downtrend nor lower lows, it reveals the market is about to change.

We are now entering an uptrend and resistance is being challenged today. DUSKUSDT will break up and it will grow for months. Aim high... I see very good targets on the weekly timeframe. The rest is up to you. This is a perfect choice.

Namaste.