22% — RELIEF RALLY INTO SUPPLY
$DAM just ripped +22% off the lows on 4H after a steady grind down. Sharp bounce from the 0.013 area, but zoom out — structure is still a clear downtrend with lower highs stacked above.
This looks like short-term relief, not confirmed reversal.
Current price: 0.0169
24H High: 0.0174
Next major supply: 0.0185 – 0.0200 (previous breakdown zone)
Momentum popped, but buyers now need follow-through. If this stalls under prior structure, sellers likely step back in.
Short $DAM
Entry: 0.0180 – 0.0195
SL: 0.0215
TP1: 0.0155
TP2: 0.0140
TP3: 0.0125
If price accepts above 0.021 with strong volume expansion, that’s your shift signal.
If this bounce fades under resistance, continuation lower remains the higher probability.
Relief rallies feel strong.
Real reversals change structure.
Watch the reaction — don’t chase the first green candle. 🎯
DAMUSDT
Perp
0.01695
