DUSK has been interesting in this recent market movement. The 15-minute chart has been oscillating around 0.100 repeatedly, but the problem is that the RSI on the hourly and 4-hour charts has surged to 72 and 83 respectively, indicating overbought signals. More importantly, trading volume has shrunk from previous explosive levels to now 312M, a 90% decrease, which is a typical sign of exhaustion after a rally.

From a technical perspective: the 15-minute RSI remains neutral at 57, but the larger timeframes are more exaggerated. In such situations, rushing to chase the high can easily lead to being trapped.

My approach is simple — now is the time to observe. Wait for one of two signals: either the price breaks above the 0.105 level with increased volume, then consider going long with a target of 0.110 and a stop-loss at 0.102; or if it falls below 0.096, then go short with a target of 0.090 and a stop-loss at 0.099.

The range between 0.096 and 0.105 is a consolidation zone; there's no need to force a position. The 4-hour RSI at 83 clearly indicates that the market has been overextended. Only when the price pulls back to test 0.096 or truly breaks through 0.105 with volume should be the right time to act.

If the level is broken, cut losses immediately. Stick to this principle and don't let emotions dictate your trades.