This coin is a tumor in the crypto space; shorting it is a public service!
Brothers, all these knockoffs end up at zero.
High volume at the top, stagnation – time to reverse and go short.
$DAM – Extreme upward momentum has exhausted; prepare for a pullback to fill the liquidity gap below.
Trading plan: Short $DAM (up to 5x - 10x leverage)
Entry range: 0.0285 – 0.0291
Stop loss: 0.0302
Take profit 1: 0.0259
Take profit 2: 0.0245
Take profit 3: 0.0216
Market analysis:
From the 30-minute chart, $DAM just experienced a massive spike; this intense volatility in a short time has cleared out the bearish liquidity above. Currently, the price is stagnating at a high volume, with clear signs of distribution from the whales. As soon as it breaks below the top consolidation box’s lower boundary, it will create an excellent waterfall opportunity, targeting the liquidity vacuum at the starting point below.
Brothers, all these knockoffs end up at zero.
High volume at the top, stagnation – time to reverse and go short.
$DAM – Extreme upward momentum has exhausted; prepare for a pullback to fill the liquidity gap below.
Trading plan: Short $DAM (up to 5x - 10x leverage)
Entry range: 0.0285 – 0.0291
Stop loss: 0.0302
Take profit 1: 0.0259
Take profit 2: 0.0245
Take profit 3: 0.0216
Market analysis:
From the 30-minute chart, $DAM just experienced a massive spike; this intense volatility in a short time has cleared out the bearish liquidity above. Currently, the price is stagnating at a high volume, with clear signs of distribution from the whales. As soon as it breaks below the top consolidation box’s lower boundary, it will create an excellent waterfall opportunity, targeting the liquidity vacuum at the starting point below.