🚀
$DCR USDT Long Setup: Bullish Breakout Confirmation!📊 Trade Specifications:
Entry: $20.74
Stop Loss (SL): $18.89
Take Profit (TP): $23.05
💡 Technical Analysis:
• After a sharp recovery, the price broke the previous supply zone ($20.36) and is now sustaining above it 📊.
• Volume increase indicates that buyers are active at this level, pushing the price upward 📈.
• Our primary target is the upper blue line at $23.05, which represents a major resistance zone.
• As long as the price holds above the entry zone, the bullish structure remains valid.
⚡ Trading Tip:
• Use trailing stop loss as the price approaches $21.80, making the trade risk-free 🛡️.
• Trailing stop loss is the best way to secure profits in bullish breakouts 🔄.
• If the price retraces to around $20.80, it could present another buying opportunity, as long as it holds above the SL level ($18.89).
🚀 Bullish Momentum:
$DCR is showing a bullish breakout, signaling a move upwards 🔥. This price action suggests strong buying interest, with buyers in control. If this trend continues, a movement towards $23.05 seems likely.
#DCR #Decred #CryptoSignals #BinanceSquare #LongSetup $DCR