$DCR Range Squeeze or Trap?

DCR is trading in a tight sideways range between $16.10 and $16.30 after a sharp intraday recovery. Price just reclaimed the mid-range zone, hinting at momentum build-up, but without volume confirmation, a breakout remains uncertain.

Key Levels to Watch

Resistance:

• $16.30 – Immediate breakout test

• $16.40 – Key overhead resistance from previous wicks

Support:

• $16.15 – Mid-range base

• $16.10 – Breakdown trigger level

Scenarios

Bullish: Holding above $16.15 with follow-through strength could lead to:

Target 1: $16.30

Target 2: $16.40

Target 3: $16.55

Bearish: Failure to hold $16.10 could drag price back to $15.85–$15.75 range.

No liquidity or order book data available — be cautious of sudden volatility or manipulation.

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