$DCR /USDT BULLISH CONTINUATION ANALYSIS
$DCR is showing strong bullish momentum, gaining over +18% in the last 24 hours. Price has broken above key moving averages, confirming buyer dominance and signaling potential for further upside.
Current Price: $18.85
Key Levels:
Support 1: $18.39
Support 2: $17.53
Resistance 1: $19.25
Resistance 2: $20.12
MA(7) at $18.70 and MA(25) at $17.71 confirm short-term bullish structure, while MA(99) at $16.76 provides strong long-term support. Holding above $18.39 is crucial for continuation toward higher resistance levels.
Trade Setup (Long Entry):
Entry Zone: $18.50 – $18.90
Take Profit (TP):
TP1: $19.25
TP2: $20.12
TP3: $21.00
Stop Loss (SL): $17.50
Sustained trading above $18.39 support may fuel further bullish momentum toward resistance targets.
Risk Management:
Risk 2–3% per trade. Secure partial profits at TP1 and move stop loss to breakeven as price advances. Avoid entering during overextended candles; wait for minor pullbacks.
Summary:
$DCR/USDT remains in bullish momentum. Holding above $18.39 support keeps the uptrend intact, with potential upside targets between $19.25 and $21.00.
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