📊 DCR Token Analysis
Looking at the 4-hour (4H) timeframe, DCR is forming an Inverse Head and Shoulders (IHNS) pattern indicating a strong reversal. This pattern shows that selling pressure has drastically decreased.
On the Daily (1D) timeframe, the price has successfully bounced strongly from a crucial support at $25.07. This action confirms strong demand at that level after a quick correction.
Technically, one could say that DCR is in a "Power Up" phase waiting for activation. Our main focus is the breakout from the Neckline of the IHNS pattern.
-Key Zone: Strong Support at $25.07.
-Key Action: Waiting for IHNS Neckline Breakout (Bullish Activation).
-Potential Target: Macro Resistance at $85.92.
DCR is on the verge of activating a major *bullish* pattern. Focusing on the *Neckline* breakout is key to confirming the next movement. Don't miss this *comeback* moment!
