🚀$DCR /USDT Breakout on Watch! Is Decred Preparing for a Strong Comeback? 📈
🔍 Current Price: $14.67
⏱️ Timeframe: 1H & 1D
📊 Trend Bias: Reversal Recovery Mode
📆 Trade Duration: Short-Term Swing (1-2 Days)
🔎 Chart Analysis & Formations:
📍 1H Chart Highlights:
Strong bounce from 14.56 support, reclaiming 20EMA and 50EMA crossover zone 💥
MACD showing early bullish crossover; histogram flipping green ✅
RSI at 53.52, rising from mid-range = bullish momentum return 📈
📍 1D Chart Observations:
Recovered from long-wick rejection; daily candle attempting higher low formation 🕯️
$DCR Still below mid-term resistance at $14.81, breakout confirmation needed there 🚨
MACD histogram red but slowing down, suggesting weakening bearish pressure 🔻
💹 Trade Strategy Plan:
🔵 Entry: $14.50–$14.60 (Retest zone)
🟢 Target 1: $14.95
🟢 Target 2: $15.30
🔴 Stop-Loss: $14.12 (below last support and MA crossover)
🧠 Why Bullish?
Strong reclaim from key demand zone and double MA confluence 💪
MACD + RSI supportive of upside continuation 🚀
Market showing relief momentum after oversold condition 🧭
🧩 Pro Tip: Watch for a daily candle close above $14.81 — it’s the true breakout trigger! If it holds, expect a push toward the $15.30–$15.50 range within 48 hours. Use trailing SL for dynamic exit. 🔂
📌 Moral: "Great traders don’t predict the future—they prepare for probability."
📢 Disclaimer: This analysis is for educational purposes only. Crypto markets are volatile; always DYOR and use risk management. 📉