๐จ $DCR ALERT: Potential Reversal Incoming! ๐จ
15-Minute Chart Analysis
$DCR is trading at $15.85, with a modest increase of +0.70% in the last session. The price is attempting to recover after hitting a 24-hour low of $15.46, with resistance looming at the 24-hour high of $16.64. The current pattern suggests consolidation, with potential for a breakout or further downside.
๐ก Key Levels to Watch ๐ก
Resistance: $16.00 โ Breaking this level could open doors to higher targets.
Support: $15.50 โ A break below this may lead to extended losses.
Trade Setup
Entry Price: $15.85
Take-Profit Targets:
TP1: $16.00
TP2: $16.30
TP3: $16.60
Stop Loss: $15.40
โ ๏ธ Cautionary Note
Volume remains low; wait for confirmation of a breakout above $16.00 for bullish continuation or a pullback to support for safer entries.
