$DUSK Short Setup
DUSK has completed a parabolic move and is now in clear distribution and breakdown phase. The previous support zone around 0.19–0.20 has been lost and price is continuously making lower highs and lower lows, which confirms bearish structure.
The breakdown from the consolidation range and failure to reclaim it shows that buyers are weak and sellers are in control. Current move is not a bounce, it is just a small pause inside a downtrend.
As long as price stays below the broken support and trendline, downside continuation is more likely.
Trade:
Entry: 0.165
SL: 0.173
TP: 0.1320
Follow risk management. If SL is hit, the setup is invalid.
