Trade setup 🎯 $DCR
Entry Zone:25.50 – 26.50
Targets
TP1: 28.60
TP2: 31.20
TP3: 35.00
Stop-Loss:23.40
Analysis
$DCR has just "woken up" from a long period of slumber. After grinding sideways for weeks, the price printed a massive impulsive candle, smashing through multiple resistance levels with authority. This isn't just a small bounce; it’s a structural shift.
The volume bars at the bottom of the chart are screaming—the highest buying pressure we've seen in recent times. Currently, price is "breathing" after hitting the $28.60 peak. We are seeing a healthy post-spike consolidation right above the 7-period Moving Average (yellow line), which is acting as a dynamic floor. As long as it stays above this moving average, the "rocket fuel" is still in the tank.
Outlook
The trend is clearly aggressive. As long as DCR holds the 23.40 level (our line in the sand), the bullish structure remains fully intact. A successful flip of the 28.60 local high into support will likely trigger a "FOMO" rally toward the 31.00 – 35.00 psychological zones.
Pro Tip: Keep an eye on the 4H candle closes. If we close a candle back below 23.40, the setup loses its "magic," and it's time to step aside.#BinanceAlphaAlert #analysis #DCR $DCR
