📢 $DCR /USDT Market Update – $12.14 (+0.66%)

📌 Current Price: $12.14

📌 24H High: $12.24

📌 24H Low: $11.73

📌 24H Volume: 22,563.38 DCR / 270,794.64 USDT

📊 Technical Analysis

✅ Support Levels:

$12.03 → Immediate support

$11.73 → Stronger support

🚀 Resistance Levels:

$12.24 → Immediate resistance

$12.50 → Key breakout level

📉 Indicators & Trend Analysis

🔹 RSI: Neutral, hovering around mid-range

🔹 MACD: Weak bullish momentum forming

🔹 Bollinger Bands: Trading near mid-range, indicating potential consolidation or breakout

📈 Trading Strategy

📌 Bullish Scenario:

A breakout above $12.24 could push DCR/USDT toward $12.50+

Sustained momentum may target $12.80 - $13.00

📌 Bearish Scenario:

Losing $12.03 could lead to a test of $11.73

Breaking below $11.70 may signal further downside toward $11.50

⚠️ Risk Management:

🔹 Stop-loss: Below $11.70

🔹 Take profit: $12.50 - $13.00

🔍 Final Thoughts

DCR/USDT is attempting a slight uptrend, but it needs to break above $12.24 for further gains. If support at $12.03 holds, a bullish breakout could follow. However, failure to maintain momentum may lead to a retest of $11.73.

#Crypto #DCRUSDT #Decred #Trading