$DCR/USDT BEARISH PRESSURE INTENSIFIES — BREAKDOWN RISK BELOW KEY SUPPORT
Trade Setup
Entry Zone: 29.20 – 29.80
Take Profit 1: 28.70
Take Profit 2: 27.90
Take Profit 3: 26.80
Stop Loss: 30.40
$DCR/USDT continues to trade under heavy bearish pressure as the market forms a clear sequence of lower highs and lower lows. Price remains below the MA cluster (MA7, MA25, MA99), confirming a strong downtrend structure. The recent rejection near the 30.00 zone triggered another wave of selling, and with support around 28.77 already tested, the pair risks further downside if sellers maintain control.
Short Market Outlook
Momentum remains bearish with strong sell-side candles and declining structure. The 28.77 level is the immediate support; a decisive break below this zone could trigger an accelerated drop toward the 27.90 liquidity area. Only a reclaim above the 30.00–30.40 resistance range would weaken the bearish outlook and shift momentum toward a potential recovery.
#DCRUSDT #CryptoTrading #TechnicalAnalysis #writetoearn #Binance $DCR