$DCR today surged significantly 📈, having previously retreated from a high of $70.
It is expected that the price will first test the key support level near $16 before any substantial technical rise.
The DCR price may reach the $26-$27 range in the short term, but market structure indicates that it is likely to drop back to $16 to seek confirmation support before forming a stable upward trend. 📉
Given this analysis, traders may consider establishing potential short positions near $27 and setting strict stop-loss (SL) orders to manage risk. 🔍
#DCR #cryptocurrency #technicalanalysis #tradingstrategy #marketanalysis
