4.28 Tuesday Afternoon $DAM Trading Strategy:
#dam has started losing momentum after an explosive rally.
Trading Advice (Short-Term Trade)
Entry Price: 0.055 – 0.065
Stop Loss: 0.081
Targets: 0.045 - 0.040 - 0.034 - 0.028
Reason: After a massive rally, there is a clear consolidation with lower highs forming. The price is struggling to reclaim the short-term moving averages, indicating that buying pressure is weakening. This looks like a sell-off, potentially leading to a pullback to lower support zones.
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