$DAM has made a massive impulsive move with a vertical pump, showing strong buying pressure but also entering a high-risk zone after such an extended rally. These types of moves usually lead to either short-term consolidation or a pullback before any further continuation.
Right now, reclaiming $0.080 again will require sustained momentum and volume. If buyers manage to hold above the $0.045–$0.050 zone, then another push toward $0.070–$0.080 is possible. However, if momentum fades, a healthy correction toward lower support is more likely before the next leg up.
In my view, don’t chase at these levels — wait for either a proper pullback or a strong breakout confirmation above resistance.
What do you think — will $DAM break $0.080 again or cool down first? Share your opinion
DAM
Alpha
0.050145
+138.28%