Dusk Price Plummets 25% Amid Technical Breakdown and Liquidity Flush
Dusk's token price collapsed by 25% within 24 hours, crashing to $0.195 as Leveraged positions unwound and critical support failed. The sell-off accelerated after breaking the $0.22-$0.23 zone, triggering cascading liquidations that spiked volume to $203 million.
Three structural weaknesses emerged: a technical support breakdown, leveraged trader wipeout, and profit-taking following a rally sparked by the project's tokenization ambitions. The foundation's announcement about "trillions being tokenized" had briefly lifted prices before the reversal.
Market dynamics reveal textbook liquidation patterns - the violent red candle on charts reflects exchanges flushing overleveraged positions. Such moves often create buying opportunities once volatility subsides, though the immediate technical damage suggests caution.