$DAM is attempting a minor trend reversal on the 1H timeframe after experiencing a steady correction. After printing a local high of 0.0123, the price fell into a bearish channel, losing over 10% and hunting liquidity down to the 0.00998 support level. However, a sudden influx of buying volume has sparked an immediate bounce, pushing the current price back up to 0.0102.

If the bulls can maintain this momentum and firmly break above the immediate descending resistance line, a relief rally could fast-track the price toward previous supply zones. The key upside levels to watch are:

* **Target 1:** 0.0110

* **Target 2:** 0.0118

* **Target 3:** 0.0124

#DAM #Reservoir #Crypto #Trading #TechnicalAnalysis

DAM

Alpha

0.0095824

-11.00%