🚨 What we need to know about the recent drop of #DUSK
The recent drop in the price of $DUSK is mainly due to profit taking by investors after an explosive rally that exceeded 300% in a week. The coin showed signs of extreme overbought conditions after reaching highs in volume and price, causing a necessary pullback as the market cools down.
Profit Taking and Volatility: Following the strong rally, investors sold to secure profits, which caused a pullback.
Overbought Market: After a weekly increase of over 300%, correction is a typical market behavior to stabilize the price.