Strong momentum: DCR is up ~22% on the day with a clean impulsive breakout, pushing price from the 17 18 zone straight into the 22 23 resistance area.
Trend confirmation: Price is trading well above the Supertrend (10,3), confirming a strong bullish trend on the 4H timeframe.
Volume expansion: Big green volume bars signal real demand, not a weak bounce.
RSI warning: RSI around 83 = overbought. This doesn’t mean immediate reversal, but a cool-off or consolidation is likely.
Key levels:
Resistance: 23.50 → 24.00
Support: 21.00 → 19.50
Bias: Bullish overall, but short-term pullbacks are healthy before continuation.
Trend traders are in control, but chasing at the top is risky.