DUSK's recent performance is indeed quite interesting. Multiple RSI periods have surged—15-minute 78, 1-hour 78.5, 4-hour even up to 83.7, indicating short-term enthusiasm is very high, but it also exposes a problem: trading volume has shrunk by 87%, which is a hidden risk.



The 1-hour MACD is still showing a golden cross expansion, giving bullish confidence, but in such an extremely overbought context, the risk of a pullback is quite high. The 4-hour RSI at 83.7 is a warning sign—while the overall trend is strong, it also needs to take a breather.

Looking at key levels, the current game point is at 0.170. If it can break through 0.175, I will chase, aiming for 0.180, with a stop loss at 0.172. Conversely, if it falls below the 0.165 support, switch to a short position, targeting 0.160, with a stop loss at 0.168.

Honestly, my current choice is to wait and see. Don't chase highs, don't be impatient. Waiting for a clear breakout signal or a definitive breakdown. Chase confirmation, not gambling. Once there's a clear direction, run when it breaks, don't get stuck in the mindset.
DUSK52,26%
View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
Anon4461vip
· 1h ago
87% of the trading volume has shrunk, and the RSI is already sky-high. Do you still dare to chase? I'm just waiting to see who gets trapped.
View OriginalReply0
AirdropLickervip
· 1h ago
Despite an 87% decrease in volume, still daring to push forward, this is just false enthusiasm; a correction is inevitable.
View OriginalReply0
SerumSqueezervip
· 1h ago
The 87% decrease in volume is a bit suspicious; with RSI soaring so high, a correction is bound to happen sooner or later.
View OriginalReply0
EntryPositionAnalystvip
· 1h ago
87% of the trading volume has shrunk, is this the rhythm of a dump? Even with RSI high, it can't hold up anymore.
View OriginalReply0
DoomCanistervip
· 1h ago
Trading volume shrank by 87%. Can we still chase this buy/sell? I think it's a gamble. --- RSI is overbought, and trading volume is sluggish. This is a classic sign of a false breakout. Wait for a breakdown before acting. --- Can the 0.175 level really be broken? I remain skeptical. The current bullish wave feels a bit fake. --- It's correct to stay on the sidelines. Don't be fooled by MACD. Chasing after such extreme overbought conditions is just giving away money. --- I agree with the idea of running when a breakdown occurs. I'm just worried that those with a panic mindset might miss that moment and get left behind. --- Despite the 87% decrease in volume, RSI is still soaring. The more I look at it, the more it seems like a trap to lure buyers. It's wise to be cautious.
View OriginalReply0
RadioShackKnightvip
· 1h ago
Be cautious about the 87% decrease in volume. When RSI rises this high, a correction is inevitable. I'll wait and see before making any moves.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)