DUSK's recent trend has indeed attracted attention. It surged 33.5% within 24 hours, approaching the previous high of 0.1588. This rapid increase has pushed the RSI to 86.5, firmly entering the extreme overbought zone.
From the chart, the price has broken through all major moving averages, looking very aggressive at first glance. But this is precisely a typical sign of FOMO chasing a top—short-term participants are frantically following the trend. Although the technicals are still pushing upward, there isn't much room for further gains.
Where is the risk? Being so overbought often indicates that a big red candle could be coming. Any negative news or profit-taking by the main players could cause an instant reversal. This position indeed tempts one to take a gamble, but from a technical perspective, the risk of a pullback is already quite high. Short-term traders should be especially cautious.
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BearMarketSurvivor
· 2h ago
This RSI is already at 86.5, and you're still daring to chase? I saw this scene back in 2018, and it's usually just the prelude to a harvest of fools. Loss control should always be the top priority, brother.
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ReverseFOMOguy
· 2h ago
Relying on RSI already at 86 and still want to chase? This is the rhythm of being smashed down.
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FOMO is really a poison. Seeing the limit-up makes you want to go all in, but then you get hit with a big bearish candle.
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Still daring to buy the dip when overbought? I think you're trying to buy on the halfway up the mountain.
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Gamble a bit? If you're not gambling, you might as well go all in directly haha.
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All moving averages broken, and you call that strength? I feel more like a fleeting glow.
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At the level, everyone keep your eyes open. Don't ask me how I know.
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The main players have already been laughing, while retail investors are still frantically buying in.
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Only when good news can't push it up anymore is it truly strong. At this rate, a reversal is inevitable.
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Another FOMO climax, just wait and watch tomorrow's plunge show.
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Be cautious in the short term? That means it's time to run. Up to you whether you listen or not.
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rugdoc.eth
· 2h ago
I knew it, this wave of DUSK is a typical pump-and-dump signal.
Really, who would dare to chase with RSI86.5...
Isn't this just a show before the crash?
Let's wait and see the big bearish candle, everyone.
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failed_dev_successful_ape
· 2h ago
RSI is already at 86.5, and you're still daring to buy the dip—this isn't courage, it's gambling with your life.
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It sounds like the classic prelude to a big FOMO-driven bearish candle; I won't touch it.
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A 33.5% surge in one day... that’s probably a sign of an impending harvest.
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It looks powerful, but there's actually no room left; I've seen this pattern too many times.
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People still chasing after overbought levels at this point, just wait to get proven wrong.
DUSK's recent trend has indeed attracted attention. It surged 33.5% within 24 hours, approaching the previous high of 0.1588. This rapid increase has pushed the RSI to 86.5, firmly entering the extreme overbought zone.
From the chart, the price has broken through all major moving averages, looking very aggressive at first glance. But this is precisely a typical sign of FOMO chasing a top—short-term participants are frantically following the trend. Although the technicals are still pushing upward, there isn't much room for further gains.
Where is the risk? Being so overbought often indicates that a big red candle could be coming. Any negative news or profit-taking by the main players could cause an instant reversal. This position indeed tempts one to take a gamble, but from a technical perspective, the risk of a pullback is already quite high. Short-term traders should be especially cautious.