$DCR has recovered sharply after defending the 10.74 support zone, reversing the recent sell-off with a clean sequence of higher lows and fresh higher highs on the 1H chart. Price is now trading around 11.70 after rejecting the 13.00 spike high earlier, with buyers steadily reclaiming lost ground and pushing back toward the 12.00 resistance area.
Setup:
• Entry: 11.60–11.75
• Target 1: 12.00
• Target 2: 12.40
• Stop-Loss: 11.20
The rebound from 10.74 has shifted short-term momentum back in favor of the bulls, with price breaking out of its consolidation range and holding above previous intraday resistance. The structure suggests accumulation rather than a one-candle recovery, as buyers continue absorbing selling pressure. RSI is hovering around 78, reflecting strong bullish momentum, although it also signals that price is entering an overextended zone. A sustained move above 12.00 would confirm bullish continuation and expose 12.40 next, while holding above 11.20 keeps the current recovery structure intact. 📈
Trade #DCR here
$CAP $VELVET
Setup:
• Entry: 11.60–11.75
• Target 1: 12.00
• Target 2: 12.40
• Stop-Loss: 11.20
The rebound from 10.74 has shifted short-term momentum back in favor of the bulls, with price breaking out of its consolidation range and holding above previous intraday resistance. The structure suggests accumulation rather than a one-candle recovery, as buyers continue absorbing selling pressure. RSI is hovering around 78, reflecting strong bullish momentum, although it also signals that price is entering an overextended zone. A sustained move above 12.00 would confirm bullish continuation and expose 12.40 next, while holding above 11.20 keeps the current recovery structure intact. 📈
Trade #DCR here
$CAP $VELVET