$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.