$DAM — Rejection after parabolic move, exhaustion forming

Trading Plan — Short $DAM

Entry: 0.0530 – 0.0570

SL: 0.0620

TP1: 0.0450

TP2: 0.0380

TP3: 0.0300

After a parabolic expansion from 0.020 → 0.081, price is now showing clear signs of stalling and rejection around the 0.055 – 0.058 zone.

Structure is shifting:

* No continuation after impulse

* Multiple small candles → loss of momentum

* Lower high forming under previous spike

Momentum context:

* Volume declining after climax → exhaustion

* MACD still high but flattening → momentum fading

* L/S ratio skewed short → sentiment shifting

This is typical blow-off → distribution → fade behavior.

If price fails to break back above 0.058 cleanly, downside rotation becomes highly probable.

⸻

Disclaimer:

This is a personal market view, not financial advice. Always manage risk and position sizing properly.

⸻

Trade $DAM here 👇