Looking at DUSK's recent market movement, it has increased over 40% in 24 hours and doubled in a week, which indeed makes people feel excited. However, we need to cool down first and look at this matter rationally.
To be honest—this kind of increase is completely abnormal. The RSI indicator has already surged above 80, which is called "severely overbought" in technical analysis. For example, if a person sprints full speed for 100 meters and their heart rate jumps to 180, they must stop to catch their breath and can't keep sprinting like that. The same logic applies to the price of the coin; if it surges too aggressively in the short term, there will be pressure for a correction, and a deep adjustment could even occur. If you get impulsive and chase after it now, you might get caught tomorrow. So the first bottom line: short-term risks are huge, and all-in and high leverage should be avoided.
But that doesn't mean there's no chance at all. The key is whether it can "hold steady" after rising. Currently, the market is focusing on a price range—from $0.07 to $0.06. If in the coming days, the price can stay above these levels and no longer fall back into the previous downward channel, then we can say this breakout is valid and that it has truly "stabilized." Only then can the story be worth looking forward to.
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DegenRecoveryGroup
· 01-20 10:51
Well said, RSI soaring to 80 is no joke. We really need to stay calm this time and not be blinded by the gains.
If the 0.06 to 0.07 range can't hold, a pullback is just around the corner, no discussion needed.
Friends going all-in should reflect on this. High leverage will eventually lead to losses.
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A 40% increase sounds great, but once it’s wiped out, it’s just okay. The key is whether it can hold its ground.
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Overbought and still pushing in—this isn’t courage, it’s money being sent away. Do you understand, everyone?
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If the price returns to the downward channel, it’s game over. Don’t cry then; someone already warned you.
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Anyone with a bit of brains should understand that chasing in now makes you the bag holder, really.
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Let’s see if 0.06 can hold, and then decide. Entering now is purely a gamble on luck.
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TrustlessMaximalist
· 01-19 00:04
DUSK this wave is indeed crazy, but my brother is right. The RSI has already soared to over 80. Why chase now? I think we should wait until it stabilizes around 0.06-0.07 before we have anything to say.
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BlockchainBouncer
· 01-18 20:14
RSI is already soaring to 80, are you still chasing? If you're optimistic, you should wait for a pullback. Entering now just makes you the bagholder.
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BasementAlchemist
· 01-17 16:03
Hey, RSI is already soaring to 80, and you're still daring to chase? Tomorrow's crash will leave you crying too late.
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OnchainDetectiveBing
· 01-17 16:01
RSI soaring to 80 and still chasing? Isn't this gambling, brother? Tomorrow, you'll be the one cutting your losses.
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DefiPlaybook
· 01-17 15:50
RSI breaks above 80, which is a classic high-risk signal. It is completely opposite to arbitrage opportunities like arbitrage trading. If you really want to go all-in, you're just inviting a trap.
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BrokeBeans
· 01-17 15:50
Bro, this move is indeed aggressive, but with the RSI overbought, you really need to be cautious.
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LiquidatedNotStirred
· 01-17 15:40
Uh... RSI soaring to 80 and going all-in, that's just asking for self-destruction, haha
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MEVvictim
· 01-17 15:35
RSI soaring over 80 and still not selling, how confident are you... Anyway, I'm waiting for it to return to the 0.06 level before taking another look.
Looking at DUSK's recent market movement, it has increased over 40% in 24 hours and doubled in a week, which indeed makes people feel excited. However, we need to cool down first and look at this matter rationally.
To be honest—this kind of increase is completely abnormal. The RSI indicator has already surged above 80, which is called "severely overbought" in technical analysis. For example, if a person sprints full speed for 100 meters and their heart rate jumps to 180, they must stop to catch their breath and can't keep sprinting like that. The same logic applies to the price of the coin; if it surges too aggressively in the short term, there will be pressure for a correction, and a deep adjustment could even occur. If you get impulsive and chase after it now, you might get caught tomorrow. So the first bottom line: short-term risks are huge, and all-in and high leverage should be avoided.
But that doesn't mean there's no chance at all. The key is whether it can "hold steady" after rising. Currently, the market is focusing on a price range—from $0.07 to $0.06. If in the coming days, the price can stay above these levels and no longer fall back into the previous downward channel, then we can say this breakout is valid and that it has truly "stabilized." Only then can the story be worth looking forward to.