$DCR /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION BIAS
DCR/USDT has shown a strong recovery from the demand zone, forming a clear higher-low structure on the lower to mid timeframes. Price impulsively broke above previous consolidation, indicating strength from buyers. The breakout is supported by expanding volume, while prior resistance is now acting as a support zone. As long as this structure holds, the probability favors further upside toward the next supply areas.
Trade Setup (Long Position)
Entry: Pullback and confirmation above the broken resistance zone
Targets (TP):
TP1: 22.80 – previous resistance retest
TP2: 23.90 – intermediate supply zone
TP3: 25.20 – major resistance and trend extension level
Stop Loss (SL): Below 20.90 to protect against a structure breakdown
Risk Management:
Risk a maximum of 1–2% per trade, secure partial profits at each target, and move stop loss to breakeven once TP1 is achieved.
#TechnicalAnalysis #CryptoMarket #AltcoinTrading #SupportResistance #TrendStructure $DCR
