Dusk Network is a privacy-oriented blockchain platform designed to enable secure and scalable decentralized applications. As an investor or trader interested in Dusk/USDT, it is important to analyze the price movements and identify potential opportunities.
1. Primary Support: 0.0950- 0.1050 USDT This range has historically shown strong buying interest, with traders actively entering positions. If the price of Dusk/USDT approaches this support level, it may present a potential buying opportunity.
2. Primary Resistance: 0.1300-0.1330 USDT This range has historically acted as a significant barrier to further price appreciation. Traders should closely monitor the price action around this level.
3. Fakeouts:- 0.0750-0.0760 USDT In the case of Dusk/USDT, a potential fakeout zone exists between 0.0750-0.0760 USDT. Traders must exercise caution and wait for confirmation before entering trades during such periods of heightened volatility.