$DCR
Current Price: $12.70
Key Levels:
Support: $12.30 (Critical Support Zone)
Resistance: $13.20 (Immediate Resistance)
Upside Breakout: $13.80 (A strong move above this could lead to further upside)
Trade Setup:
Long Entry: $12.70-$12.90 (Ideal Entry after Support Confirmation)
Target 1: $13.20 (First Resistance Level)
Target 2: $13.80 (Next Resistance Zone)
Stop Loss: $12.00 (Below Key Support)
Market Context:
Momentum: Bullish structure forming with higher lows and increasing buying pressure.
Volume: Strong accumulation phase, indicating a potential breakout.
RSI: Bullish trend but watch for overbought signals near $13.20.
Pro Tip:
A clean break above $13.20 with strong volume could push the price towards $13.80 and beyond. Monitor the price action closely and ensure risk management with stop loss placement.#BinanceAlphaAlert #BTCNextATH? #1000CHEEMS&TSTOnBinance #BNBChainMeme #DCR