$DCR in sustained downtrend , trading well below all moving averages. Price at $14.71 after falling from $25 highs. Weak volume suggests exhaustion but no reversal yet. MAs acting as strong resistance at $15.88-$18.83. Currently testing bottom support zone. Bearish momentum intact unless price breaks above $16.
For Long Position : TP1: $15.50 TP2: $16.50 TP3: $17.50 Stop Loss: $14.2 #ShareMyTrade
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$DCR in sustained downtrend , trading well below all moving averages. Price at $14.71 after falling from $25 highs. Weak volume suggests exhaustion but no reversal yet. MAs acting as strong resistance at $15.88-$18.83. Currently testing bottom support zone. Bearish momentum intact unless price breaks above $16.
For Long Position :
TP1: $15.50
TP2: $16.50
TP3: $17.50
Stop Loss: $14.2 #ShareMyTrade