$DAM Long Liquidation: $7.4847K at $0.02000
Long traders were caught as DAM failed to hold the psychological support at $0.02 and sold off sharply. Buyers expected continuation, but strong sell pressure stepped in, triggering stops and forcing a clean liquidation below the range. Liquidity was taken decisively, signaling short-term seller control.
Entry (EP): $0.02040
Take Profit (TP): $0.01880
Stop Loss (SL): $0.02110
Market Outlook:
$DAM is under clear short-term bearish pressure after losing the key support level. If price remains below the liquidation zone, further downside or sideways consolidation is likely. Bulls will need a strong reclaim with volume to regain momentum. Trade patiently and manage risk strictly.
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