Is Dusk (DUSK) Poised for a Breakout? This Key Pattern Formation Suggests So!

Date: Tue, Nov 04, 2025 | 08:45 AM GMT The cryptocurrency market continues to experience heightened volatility as both Bitcoin (BTC) and Ethereum (ETH) saw sharp declines — with ETH dropping nearly 5% in the last 24 hours. Despite this pressure on major altcoins, privacy-focused tokens are showing surprising resilience, and one of them — Dusk (DUSK) — is starting to stand out with a notable surge. The $DUSK token, the native asset of the Dusk Network — a privacy-centric Layer-1 blockchain — has jumped by 21% today. While that price action alone is impressive, what’s attention is the technical pattern formation on its chart, suggesting a potential bullish breakout could be on the horizon.

Source: Coinmarketcap Broadening Wedge Pattern in Play On the 4-hour chart, DUSK is forming a broadening wedge pattern — a structure typically marked by increasing volatility where both highs and lows expand over time. This pattern often precedes a strong move once price breaks above or below the wedge boundaries. During its recent correction phase, DUSK successfully tested the lower wedge support near $0.0395, where strong buying pressure emerged. The token then rebounded sharply, moving up to around $0.0526, hovering just below the wedge’s upper resistance trendline.

Dusk (DUSK) 4H Chart/Coinsprobe (Source: Tradingview) Adding to the bullish narrative, DUSK has reclaimed its 100-period moving average (MA) around $0.0469, now acting as immediate support. Sustaining above this level indicates improving short-term momentum and growing buyer confidence. What’s Next for DUSK? If bulls manage to push and close above the upper wedge resistance, DUSK could confirm a breakout, setting the stage for a potential rally toward $0.0725 — a projected upside of nearly 37% from current levels. However, failure to break above resistance could keep the token range-bound within the wedge for a while longer. In that scenario, $0.0469 remains the key short-term support level to watch. A drop below it might invalidate the bullish setup and trigger a retest of lower support zones. For now, the technical setup looks constructive, and with market sentiment gradually shifting toward privacy-based projects, DUSK could soon be among the altcoins preparing for a strong upside move in the coming sessions. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.