Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

DUSK Shows Bullish Momentum as Smart Money Targets $0.1119 Liquidity Zone

DUSK’s current retracement revisits a bullish order block, potentially signaling institutional buyers re-entering positions for upward momentum.

Weekly charts show historical accumulation at $0.0389, with falling wedge and RSI divergence indicating strong potential for price reversal.

Dusk Network links token utility to network fees, staking rewards, and gas sponsoring, driving value directly back to holders and participants.

DUSK continues to attract attention as recent market activity shows a potential bullish setup forming around key support levels. Traders are observing a retracement that could signal renewed buying interest. The token is trading near $0.0615, following a recent sharp upward move.

Smart Money Activity and Liquidity Zones

Crypto analyst @CryptoPatel noted that $DUSK recently experienced a liquidity sweep, flipping its structure in favor of bullish momentum. The analysis identifies an order block as a possible demand zone, where institutional buyers may re-enter positions

Traders are advised to watch retracements, confirming entries from these levels.Two liquidity zones are particularly notable: one near $0.045 and another around $0.08

The higher zone corresponds to previous highs where stop orders may exist, offering potential exit points. Analysts suggest that price could resume upward momentum toward the $0.1119 liquidity target if the order block holds.

A sustained move above mid-range resistance may strengthen the bullish case. Conversely, a breakdown below the order block could expose lower liquidity areas for mitigation.

Long-Term Technical Outlook and Patterns

Popular trader, Vuori Trading emphasized $DUSK’s long-term bullish potential following a liquidation wick. The weekly chart shows price trading near historical support around $0.0389, previously an accumulation zone.

Source: Tweet on X

This level has previously preceded a nearly 40x rally in DUSK’s price.The chart presents a falling wedge pattern, which can signal trend reversal

RSI divergence supports this scenario, with the oscillator forming higher lows as price moves lower.

DUSK Token Utility and Network Fee Structure

The Dusk Network’s infrastructure ties token utility directly to fees and staking rewards. DuskDS functions as the data-availability and settlement layer, while DuskEVM serves the application layer

Gas fees are paid in DUSK, contributing to consensus rewards.Market layer activities, including tokenized securities issuance and trading, also capture fees to benefit stakers

Venues and listing policies ensure part of these fees supports network participants or buyback modules. The design links network usage with token value.

Gas sponsoring allows institutions to subsidize user transactions without removing the token from circulation. This maintains the economic link between holders and the protocol. The overall structure of DUSK focuses on returning value to network participants across all layers.

The post DUSK Shows Bullish Momentum as Smart Money Targets $0.1119 Liquidity Zone appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

DUSK8.53%
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)