$DCR IS REJECTING AT THIS KEY RESISTANCE ZONE AGAIN ๐
Entry: 11.50 - 11.65 ๐ฅ
Target: 11.25 / 11.00 / 10.70 ๐
Stop Loss: 11.95 โ ๏ธ
Price tapped into the 11.50โ11.65 area twice in the last 24 hours and each time got sold hard. That's textbook resistance behavior โ the bids aren't there above this level. The short-term momentum is stalling, and with multiple profit targets stacked below, the risk-to-reward is clean.
Moving your stop to break even once in profit is smart here โ gives you a free trade to let the move run. Are you shorting at this level or waiting for a lower retest entry?
Not financial advice. Always manage your risk.
#DCR #ShortSetup #Resistance #Crypto #DayTrade
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Entry: 11.50 - 11.65 ๐ฅ
Target: 11.25 / 11.00 / 10.70 ๐
Stop Loss: 11.95 โ ๏ธ
Price tapped into the 11.50โ11.65 area twice in the last 24 hours and each time got sold hard. That's textbook resistance behavior โ the bids aren't there above this level. The short-term momentum is stalling, and with multiple profit targets stacked below, the risk-to-reward is clean.
Moving your stop to break even once in profit is smart here โ gives you a free trade to let the move run. Are you shorting at this level or waiting for a lower retest entry?
Not financial advice. Always manage your risk.
#DCR #ShortSetup #Resistance #Crypto #DayTrade
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