🔥 Heavy sell-off with rising volume — clear bearish pressure dominating!
$DAM is in a strong downtrend with continuous lower highs and lower lows, staying well below MA resistance.
Recent sharp drop with volume spike confirms aggressive selling and weak buyer support.
No clear reversal structure yet — current movement looks like continuation, not a bottom.
If price fails to hold 0.0440 zone, further downside toward 0.0430–0.0420 is likely.
Only a reclaim above 0.0475 can signal short-term recovery.
📌 Key Levels:
🔹 Resistance: 0.0470 – 0.0475
🔹 Support: 0.0440
🔹 Major Support: 0.0430 – 0.0420
❓ Is this panic selling near bottom or just the start of a deeper drop?
DAMUSDT
Perp
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