$DCR/USDT!CRASHING: Bears Take Control!
The DCR/USDT pair is under intense pressure on the 15-minute chart, and the bulls are nowhere to be found! Decred has just hit a 24h low of 18.06, sliding -2.27% in a swift downward move.
The Numbers You Need to Know:
* Current Price: 18.11 USDT
* 24h High: 18.89 USDT
* Moving Averages: The price is trading below the MA(7), MA(25), and MA(99), signaling a strong bearish trend across multiple timeframes.
* Massive Rejection: Look at that long upper wick hitting 18.74—sellers stepped in with massive force, crushing the attempted recovery.
What’s Next?
The price is currently hovering dangerously close to its daily support floor. If 18.06 fails to hold, we could see a deeper dive into uncharted territory. Volume is starting to pick up on the red candles—is this a fire sale or the start of a freefall?
Watch the 18.00 level closely!
Would you like me to check the RSI (Relative Strength Index) for this chart to see if it's officially "oversold" yet?
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