The pump is hitting a brick wall. Time to fade it.
$DCR /USDT — Rejection at Critical Juncture 🧱
Price is up +6% and tagging the EMA(99) and a major horizontal resistance level. The order book is a ghost town on the bid side (82% asks). This isn't a breakout; it's a perfect trap for late buyers.
🔴 SHORT SETUP
📌 Entry Zone:
19.35 – 19.50
🎯 Targets:
🥇 TP1: 18.70 (EMA 25)
🥈 TP2: 18.00
🥉 TP3: 17.50
🛑 Stop-Loss:
19.75 (Clear break above the resistance zone)
Why This Could Work (trader logic only)
✅ Confluence Resistance: Price is at the intersection of the EMA(99) and a key price level. High probability rejection.
✅ Order Book Tells the Story: 82% of the liquidity is on the ASK side. Sellers are lined up.
✅ Exhaustion Move: The pump is on declining volume, a classic sign of weakening momentum.
⚠️ Important Rule:
Wait for a clear rejection candle (bearish engulfing, long upper wick) at this level. A decisive break above 19.75 likely triggers a short squeeze toward 20.50. This is a high-probability fade. Manage risk.