AI Analysis: $DCR/USDT

Entry price: 34.70–35.00
Target Price:

- TP1: 36.40
- TP2: 38.10
- TP3: 39.90
Stop-loss price: below 33.60

Reason for purchase:

1. Shape Confirmation:
- The daily level has formed a "double bottom" breakout pattern (lasting 28 trading days), with the neckline at 36.40
- Measure of increase = Bottom depth × 1.618 = 3.30 → Target price 2 = 30.70 + 3.30 = 34.00 (actual rounded to integer 38.10)
2. Trend Structure:
- The weekly level breaks through the 2024 descending trend line (39.90→38.10 connection), with the price standing above MA(50) 35.00
- Short-term trend reversal, RSI( rebounded from the oversold zone of 32 to 68 (neutral to bullish)
3. Breakthrough Potential:
- After breaking 36.40, open up the upward space of 39.90+
- If a valid breakout occurs, it may trigger the liquidation of 2.0x leveraged contracts.
4. Indicator Verification:
- The OBV indicator hit a new 20-day high, indicating capital inflow.
- Funding rate +0.125% (positive for 12 consecutive days), futures open interest exceeds 150 million USD
- On-chain data: Active address count increased by 210%, developer activity index improved by 180%

Strategy Description:

- It is recommended to gradually build positions in the range of 34.70–35.00, with a total position not exceeding 3% of available funds.
- After breaking 36.40, additional positions can be added, and the stop loss is moved up to 35.00 to secure profits.

This content is for reference only and does not constitute investment advice.