$DCR / USDT — Rejection From Local High, Short-Term Pullback

DCR saw a sharp impulsive push toward the 16.40–16.50 zone, followed by strong rejection and consecutive bearish candles. Price is now slipping back below the prior breakout level, signaling short-term weakness and a corrective move.

Direction: Short

Entry Zone:

15.95 – 16.15

Targets:

Target 1: 15.70

Target 2: 15.45

Target 3: 15.10

Stop Loss:

Above 16.55

Bias:

Bearish while price holds below the 16.30–16.50 resistance zone. This move looks like a post-impulse correction. A strong 1H close back above 16.50 would invalidate the short setup and shift bias back to bullish continuation.

DCR

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