Market Outlook — $DAM 30m Trend Analysis
#DAM remains in a bearish phase, trading near the lower boundary of its recent range and far below the last swing high. Resistance around 0.0495–0.0519 is critical, marking a bearish imbalance zone.
Watch for rejection signals at this resistance area, such as momentum loss or reversal patterns, which could trigger declines toward support near 0.0473. Conversely, a decisive break above 0.0519 would negate the bearish case, opening room for a rise toward approximately 0.0590. This note is abridged. The full analysis with TP/SL/entry levels and advanced setups is inside the Finora Telegram bot.
⚠️ This is an AI analysis and not financial advice.
🧬 Every 10th analysis requested by users through our Telegram bot is shared here.
If you want Finora to analyze your favorite pairs, try it now for free on Telegram 👉 FinoraEN_Bot