$DCR /USDT BEARISH OUTLOOK – SHORT OPPORTUNITY ALERT

DCR/USDT has seen a strong rally, pushing up +20.42% in 24 hours. However, price is now facing significant resistance near $23.26, which aligns with the 24h high, while immediate support sits around $16.78–$17.17. Momentum indicators suggest exhaustion after the recent spike, making a short setup favorable for traders looking to capitalize on a potential pullback.

Trade Setup: Short

Entry: ~$18.95–$19.00

Target 1: $17.50

Target 2: $16.80

Stop Loss: $20.50

Rationale:

Price failed to sustain above recent highs and is consolidating near resistance, signaling a potential retracement. Shorting here allows for a measured risk-to-reward setup while the broader uptrend may pause.

If you want, I can also draw a mini support/resistance chart with entry and target zones for a more visual setup. Do you want me to do that?