Momentum is rotating fast across low caps right now ๐ฅ and thatโs exactly why forcing shorts can get dangerous.
$DAM looks extended, but in strong liquidity-driven moves, price can stay overbought longer than expected. Shorts only make sense if structure actually breaks not just because price โfeels high.โ
Right now Iโm watching for signs like loss of higher lows, weak bounces, or rejection at resistance before considering a short.
If momentum keeps pushing, squeezing continues.
If structure breaks, then short becomes valid.
So the question is are we toppingโฆ or just pausing before another push? ๐
$DAM looks extended, but in strong liquidity-driven moves, price can stay overbought longer than expected. Shorts only make sense if structure actually breaks not just because price โfeels high.โ
Right now Iโm watching for signs like loss of higher lows, weak bounces, or rejection at resistance before considering a short.
If momentum keeps pushing, squeezing continues.
If structure breaks, then short becomes valid.
So the question is are we toppingโฆ or just pausing before another push? ๐
