$DCR /USDT BEARS GRIP TIGHTER AS MOMENTUM WEAKENS BELOW KEY SUPPORT
Immediate Market Move: Bearish
The $DCR/USDT pair has broken below the psychological $14.00 level and continues to slide, recently touching a low of $13.59. With declining volume and lower highs on the intraday chart, bears are clearly in control. The price rejection near $14.56 confirms resistance pressure, and unless strong buying emerges above $14.20, the downside could extend further.
Trade Setup:
Short Entry: $13.90 ā $14.00
Take Profit (TP): $13.40 / $13.00
Stop Loss (SL): $14.25
Market Outlook:
The overall trend for DCR remains under pressure as it trades below key moving averages and fails to hold support zones. A daily close below $13.50 could open the door for further downside toward June lows. Unless sentiment shifts or volume picks up significantly, caution is advised on long entries.
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