$DAM Short Setup Looks Ready — Bearish Reaction in Play 📉🔥
$DAM flashed an explosive move, but sharp rejection near $0.081 shows sellers stepped in hard and momentum is fading. Current pullback looks like profit-taking after the pump, and the structure favors a short as long as resistance holds.
Trade Plan (Short)
🔹 Entry: 0.047 – 0.049
🛑 Stop Loss: 0.052
🎯 Targets:
TP1: 0.044
TP2: 0.042
TP3: 0.040
Why this setup?
✔️ Strong rejection at major resistance
✔️ Momentum weakening after overextended pump
✔️ Bearish structure forming with downside potential
✔️ Weak bounces can offer sell opportunities