The market chart directly tells you: DUSK has indeed been making moves recently. A surge of over 12% within five minutes instantly ignited market sentiment. For those trading contracts, this can mean profit but also pitfalls—it's crucial to understand what’s really happening behind the scenes.

The current technical picture in front of us is quite interesting—appearing contradictory, but that’s exactly where careful analysis is needed:

**Overbought signals are indeed present**

The daily RSI has reached 81.5, and the 4-hour RSI is also above 75. Such values on technical charts generally indicate: the short-term rally is too aggressive, and a pullback is likely. This is nothing new; overbought conditions do imply risk.

**But the upward momentum remains strong**

The daily and 4-hour MACD are still showing a solid golden cross, with the histogram bars continuing upward. More importantly, here’s the key data—futures open interest has surged by 229% within 24 hours, now reaching approximately $34 million. Meanwhile, the funding rate has shifted from positive to -1.38%. This set of data is truly worth analyzing.

What does negative funding rate mean? Shorts are paying longs. This is especially common in early stages of a strong trend, indicating new capital (including large leveraged longs) is continuously flowing in. It also means the short positions are under increasing pressure to close. The recent rally isn’t driven by forced short covering but by active buying from longs.

**Support and resistance levels at this point**

The 1-hour EMA26 is watching the 0.1065 level, and the 4-hour EMA12 is around 0.1. Remember these key levels.