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$DCR /USDT BEARISH TECHNICAL ANALYSIS
DCR is showing clear weakness after failing to sustain momentum near recent highs. The chart structure has shifted downward, with lower highs forming and sellers stepping in aggressively. Price action around the mid-range suggests exhaustion from buyers and an increased chance of further downside continuation.
SHORT ENTRY: 40.72
TP: 30.16
SL: 51.28
Reason:
The rejection from upper resistance and consistent bearish pressure indicate a likely move toward lower support zones. Sellers are dominating, and the breakdown pattern supports a short-side outlook.
Risk Management:
Maintain controlled position sizing, follow your SL strictly, and avoid chasing volatility.
#DowntrendSignal
#BearishSetup
#ChartRejection
#CryptoTechnical
#MarketPressure
DCR is showing clear weakness after failing to sustain momentum near recent highs. The chart structure has shifted downward, with lower highs forming and sellers stepping in aggressively. Price action around the mid-range suggests exhaustion from buyers and an increased chance of further downside continuation.
SHORT ENTRY: 40.72
TP: 30.16
SL: 51.28
Reason:
The rejection from upper resistance and consistent bearish pressure indicate a likely move toward lower support zones. Sellers are dominating, and the breakdown pattern supports a short-side outlook.
Risk Management:
Maintain controlled position sizing, follow your SL strictly, and avoid chasing volatility.
#DowntrendSignal
#BearishSetup
#ChartRejection
#CryptoTechnical
#MarketPressure
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