Technical analysis by CryptoNuclear about Symbol DUSK: Buy recommendation (7/16/2025)

🔍 Technical Overview (Timeframe: 1D – Binance): DUSK/USDT is currently displaying one of its most crucial technical setups in recent months. The price is retesting a descending trendline that has capped any significant upside since November 2024. Now, the market is compressing near this trendline resistance while gradually forming higher lows, indicating a potential pressure build-up for a breakout. This may mark the end of the downtrend and the beginning of a strong bullish reversal if confirmed. 📐 Pattern Structure: Descending Trendline Breakout This long-term descending resistance has been tested multiple times, gaining validity. Price is consolidating right below it, while volume shows signs of a slow uptick. The overall structure resembles a Falling Wedge pattern – often a bullish reversal pattern once the upper boundary breaks. 🟢 Bullish Scenario – Potential 200%+ Rally if Breakout Confirmed If the price successfully breaks and closes above $0.0752, a significant upward movement may unfold. The potential resistance targets based on historical price reactions and Fibonacci zones are: Target Resistance Level TP1 $0.0752 – Breakout Validation TP2 $0.1082 – Previous Horizontal Resistance TP3 $0.1381 – Strong Supply Zone TP4 $0.1652 – Mid-Fib Zone TP5 $0.2239 – High-Interest Level TP6 $0.2830 – Extension Target TP7 $0.3385 – November 2024 High 💡 Extra Catalyst: If BTC stabilizes or enters a consolidation phase, altcoins like DUSK may outperform during a potential mini altseason. 🔴 Bearish Scenario – Rejection at Resistance If DUSK fails to break the trendline and faces rejection around $0.0672–$0.0752: The price could retrace back to the minor support zone around $0.0500. A drop below that would target the macro support at $0.0427, which represents the lowest point of this downtrend. A close below $0.0427 would likely confirm bearish continuation. 💎 Bullish Setups Backed by Key Technicals: 1. Multi-touch Trendline Resistance – A valid and respected resistance line now at risk of breaking. 2. Sideways Accumulation Structure – Flat price action over several months, likely a sign of re-accumulation. 3. Altcoin Momentum Potential – Market environment increasingly favorable for altcoin rebounds. 4. Gradual Volume Build-up – Suggests quiet buyer interest before a potential surge. 🎯 Trading Strategy: Buy Entry Confirmation: Daily candle close above $0.0752 with increasing volume. Stop Loss: Below $0.0620, or more conservatively below $0.0500. Take Profits: Partial exits at each target zone listed above. ✅ Conclusion: DUSK is approaching a high-impact technical inflection point. A confirmed breakout of the long-standing descending trendline could open the doors to a multi-leg bullish rally. For swing and position traders, this is a high-probability setup worth close attention. The risk-reward profile is favorable if the breakout is supported by volume. #DUSKUSDT #CryptoBreakout #AltcoinReversal #TechnicalAnalysis #CryptoTrading #DescendingTrendline #BullishSetup #SwingTradeOpportunity #AltcoinWatch