$DAM has dropped over 14% from the daily high of $0.02710 and is now trading near $0.02300, showing clear rejection from upper supply. The sharp expansion followed by heavy pullback signals distribution, not accumulation. Momentum remains weak, and unless price reclaims $0.02450 decisively, downside continuation is the higher-probability scenario.
Trade Setup (Short Bias)
Entry Zone: $0.02320 – $0.02380
Take Profit 1: $0.02220
Take Profit 2: $0.02150
Take Profit 3: $0.02080
Stop Loss: $0.02470
Ideal entry comes on a weak bounce toward minor resistance — avoid chasing breakdown candles.
Right now, sellers control the tape.
Buy and trade here on $DAM
DAMUSDT
Perp
0.02498
+8.04%