Market Insight
Decred ($DCR R) is holding above the short-term moving averages, showing strength despite light volume. The 4H chart suggests a continuation attempt, especially if price can sustain above $17.00. The 7 EMA is above the 25 EMA, both trending upward—a short-term bullish signal.
Entry Zone
$16.75 – $17.05
(Current price: $17.01 – near upper range of support)
Targets
Target 1: $17.40
Target 2: $17.85
Target 3: $18.60 (previous range resistance)
Stop Loss
$16.20
(Below the 99 EMA and recent 4H lows)
Key Levels
Support: $16.30 / $16.75
Resistance: $17.40 / $17.85
Pivot Zone: $17.05
Pro Tip
Watch for a 4H candle close above $17.20 with volume above the 10-bar MA (677.3) to confirm momentum. If price fails to hold $16.75, it may retest deeper support near $16.30–$16.10.
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