Here’s a concise yet actionable $DCR /USDT trade setup.
🔁 Decred (DCR/USDT) — Technical Trade Setup
📌 Snapshot:
Current Price: $14.72 (▲ +0.75%)
24h High: $14.90
24h Low: $14.13
Volume:
DCR: 26,932
USDT: $389.6K
Trend: Minor bounce after recent dip
Structure: Testing near short-term resistance ($14.90)
🧠 Technical View:
Price bounced from strong demand zone at $14.13
Facing resistance at the $14.90 level
If price breaks above $14.90, next clean move may push toward $15.60+
✅ LONG SETUP (Breakout or Dip Reentry)
Option 1 — Breakout Trade:
Entry: $14.95+ (on breakout above $14.90)
Stop-Loss: $14.45
Target 1: $15.60
Target 2: $16.20
Confirmation: Strong 1h or 4h candle close above $14.90 with volume
Option 2 — Pullback Reentry:
Entry: $14.30–$14.50 (support retest)
Stop-Loss: $14.00
Target: Rebound back to $14.90–$15.20
❌ SHORT SETUP (If Rejected at Resistance)
Entry: $14.85–$14.90
Stop-Loss: $15.10
Target 1: $14.30
Target 2: $14.00
Trigger: Double-top pattern or rejection candle near $14.90
📊 Key Levels
TypeLevelImmediate Support$14.30–$14.13Resistance$14.90 / $15.60 / $16.20Bullish TriggerBreak and close above $14.90Bearish TriggerRejection at $14.90 with bearish volume
🛠 Strategy Notes:
Trade volume is moderate; pair is not extremely liquid — size your position accordingly
Good candidate for range breakout or reversal swing
Best suited for spot or low-leverage trades
Would you like a chart visual or alert conditions for trading platforms (like TradingView)?
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