$DCR /USDT – BEARISH PRESSURE NEAR SUPPORT ZONE

Decred is trading at 17.23 USDT (-2.98%), staying just under short-term EMA(7) 17.24 and close to EMA(25) 17.19, showing weakness after failing to sustain above 17.50 resistance. Price is hovering near the key support at 16.84 – 16.80, where a breakdown could trigger further downside.

🔹 Key Levels

Resistance: 17.35 – 17.50, then 17.80

Support: 17.08 – 16.84, deeper at 16.50

Bearish Trigger: Break below 16.84 with strong volume

Trade Setup

Short Entry: 17.20 – 17.35

TP1: 17.00

TP2: 16.84

TP3: 16.50

SL: 17.55

Risk Management

Risk ≤ 2% per trade.

Trail stop-loss once TP1 is reached.

Avoid over-leveraging in sideways markets.

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