$DCR Consolidates Above $20 — Is the Next Breakout Imminent? 📈

Decred ($DCR ) is showing resilience today after its explosive run to $25.40 last week. On the 15-minute chart, we see a beautiful recovery from a local dip to $19.93, with the price now pushing back toward the $20.50 resistance. This "healthy pause" above key moving averages suggests that the medium-term bullish trend remains fully intact.

📊 Trade Setup:

Entry Zone: $20.10 – $20.40 (Accumulating near current levels)

Target 1: $21.40 (Testing the 24h high)

Target 2: $25.50 (Recent peak)

Target 3: $30.00+ (Psychological milestone for late January)

Stop Loss: Below $19.50

#DCR #Decred #CryptoTrading #TechnicalAnalysis #BinanceSquare

DCR

21.05

+21.60%