DUSK's recent hourly chart movement is quite noteworthy. After a rapid surge in the early stage, a correction occurred. On the surface, it seems that the bullish momentum has weakened, but there are deeper implications hidden in the details of the chart.
From a technical perspective, several signals are worth noting: the Bollinger Bands have narrowed to the middle band, indicating a typical energy accumulation consolidation pattern. The price repeatedly tests the support in this range, essentially assessing the firmness of the support level. The MACD's fast and slow lines are close to the zero axis; although the bullish momentum has decreased, it has not turned negative—often a sign of large funds conducting shakeout operations.
The key support level (the previous low area) remains intact. This correction is essentially a healthy chip rotation process. Once the price breaks above the middle band with increased volume, a second rally could start at any time.
From an on-chain perspective, after a large-scale rally, a period of consolidation with decreasing volume usually follows. During this phase, large addresses tend to quietly accumulate chips. If subsequent on-chain large transfers or exchange withdrawal data surge, it could be a warning sign of a market reversal.
Currently, the market lacks clear news-driven catalysts, but this might actually be an opportunity. Many times, the market suddenly erupts during such silence. As long as the support holds steady, once this consolidation cycle of DUSK completes, a strong upward move is highly likely.
Keep an eye on volume breakout signals on the hourly chart. Once a clear breakout pattern appears, it’s a window for adding positions. In the market, the always-aware people profit while the confused ones lose—this structure of DUSK has a higher probability of rising.
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CryptoHistoryClass
· 14h ago
*checks charts from 2017* ...yeah, this is literally the exact playbook before every rug pull lol. "accumulation phase" they said back then too
Reply0
LayerZeroEnjoyer
· 14h ago
Bollinger Bands narrowing, MACD converging... I've heard this explanation too many times. In the end, it still comes down to the market maker’s mood.
View OriginalReply0
CrossChainBreather
· 14h ago
It's the same old "power buildup ready to unleash" routine. Every time they say support is stable and it's about to explode, but what happens? It just stays sideways forever.
View OriginalReply0
GmGmNoGn
· 15h ago
I've heard the phrase "Bollinger Bands narrowing" too many times, but what happened? Didn't it get smashed again? Let's wait and see.
View OriginalReply0
HalfBuddhaMoney
· 15h ago
Bollinger Bands narrowing, MACD zero line convergence... I've heard this spiel too many times. Call me when there's a real breakout.
DUSK Hourly Chart Pattern Analysis: Energy Accumulation Structure Forming, Breakout Imminent
DUSK's recent hourly chart movement is quite noteworthy. After a rapid surge in the early stage, a correction occurred. On the surface, it seems that the bullish momentum has weakened, but there are deeper implications hidden in the details of the chart.
From a technical perspective, several signals are worth noting: the Bollinger Bands have narrowed to the middle band, indicating a typical energy accumulation consolidation pattern. The price repeatedly tests the support in this range, essentially assessing the firmness of the support level. The MACD's fast and slow lines are close to the zero axis; although the bullish momentum has decreased, it has not turned negative—often a sign of large funds conducting shakeout operations.
The key support level (the previous low area) remains intact. This correction is essentially a healthy chip rotation process. Once the price breaks above the middle band with increased volume, a second rally could start at any time.
From an on-chain perspective, after a large-scale rally, a period of consolidation with decreasing volume usually follows. During this phase, large addresses tend to quietly accumulate chips. If subsequent on-chain large transfers or exchange withdrawal data surge, it could be a warning sign of a market reversal.
Currently, the market lacks clear news-driven catalysts, but this might actually be an opportunity. Many times, the market suddenly erupts during such silence. As long as the support holds steady, once this consolidation cycle of DUSK completes, a strong upward move is highly likely.
Keep an eye on volume breakout signals on the hourly chart. Once a clear breakout pattern appears, it’s a window for adding positions. In the market, the always-aware people profit while the confused ones lose—this structure of DUSK has a higher probability of rising.