Quick Update on $DCR trade
Watching the market now, $DCR is trading in a weak corrective structure after rejection from the 20.50–20.70 supply zone. Price is compressing near the 18.80–19.00 demand area, suggesting sellers are slowing but buyers still need confirmation. Overall structure remains bearish-to-neutral unless key resistance is reclaimed.
Trade plan
Entry: 18.80 – 19.05
Tg1: 19.60
Tg2: 20.10
Tg3: 20.70
Stop: 18.40
Bullish condition
Holding above the 18.80 demand zone and reclaiming 19.60 with acceptance would signal a short-term reversal attempt.
Alternate plan (breakout)
Entry: Above 20.70 (strong close & hold)
Tg1: 21.40
Tg2: 22.20
Tg3: 23.50
Stop: 19.90
Bullish condition
A clean breakout and sustained hold above 20.70 flips structure bullish and opens continuation toward higher resistance zones.
Bearish invalidation
A sustained breakdown below 18.40 invalidates the setup and opens downside risk toward the 17.50–16.80 zone.
