DUSK Exhibits Positive Momentum as Institutional Investors Aim for $0.1119 Liquidity Level
Current Market Activity: DUSK is experiencing a retracement near a bullish order block, indicating potential re-entry of institutional buyers and a possible price reversal, with key support levels around $0.0389 and $0.0615.
Liquidity Zones and Smart Money: Recent liquidity sweeps have shifted DUSK's market structure towards bullish momentum, with notable liquidity zones identified at $0.045 and $0.08, suggesting potential exit points and upward targets.
Long-Term Technical Outlook: Analysts highlight DUSK's long-term bullish potential, supported by a falling wedge pattern and RSI divergence, with historical support around $0.0389 previously leading to significant price rallies.
Token Utility and Economic Structure: Dusk Network's token utility is linked to network fees, staking rewards, and gas sponsoring, ensuring that value is returned to holders and participants while maintaining economic ties between the token and the protocol.
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