$DCR
DCR
30.09
-8.59%
BULLISH REVERSAL ANALYSIS
$DCR is showing a strong bullish reversal after bouncing sharply from the $30.00 support zone, supported by increasing volume and solid momentum. The price structure indicates buyers reclaiming control, with higher lows forming on lower timeframes — signaling a potential breakout continuation ahead.
Technical Outlook:
Trend: Reversal to uptrend with momentum confirmation
Structure: Bullish candles breaking above short-term resistance
Indicators: RSI pushing higher; MACD confirming bullish crossover
Targets (TP):
TP1: $38.00
TP2: $41.00
TP3: $45.00
Stop Loss (SL):
SL: $32.00
Risk Management:
Limit exposure to 2%–3% per position, ensure a 1:3 risk-to-reward ratio, and trail SL once TP1 is achieved to lock in profits.
