$DCR looking shaky. Here’s why I’m staying sidelined for now.
Price: $18.53 (-2.27%)
Rank: #109 | Market Cap: $319M
The breakdown:
1️⃣ Trading under all key moving averages (7, 25, 99) — bearish short-term structure.
Money flow is red across the board — large, medium, and small orders are all net sellers.
2️⃣ Large traders dumped -45K DCR in the last 5 days. That’s not retail panic — that’s institutional exit.
3️⃣ Sell volume outweighing buy volume by 9K DCR. Demand just isn’t there yet.
📊 MACD is basically asleep near zero — no clear momentum in either direction.
My watchlist:👀
· Resistance: $20.00–$20.30 (yesterday’s high)
· Support: $18.24 (today’s low — break below could trigger more selling)
Down 92% from ATH might tempt some to bargain hunt, but until money flow turns green, I’m not touching it.
This isn’t advice — just my read on the charts. Trade your own plan.
$DCR #DCR #BinanceSquare #ChartAnalysis101 #WaitAndSee #WriteToEarnUpgrade