$DAM

$DAM USDT looks heavily bearish on the 1h chart. Massive sell-off from 0.06+ down near 0.0185, showing panic dumping and weak buyer support.

RSI(6) at 11.9 = deeply oversold, so a short-term bounce is possible, but trend is still down.

Key levels:

Support: 0.0185 then 0.0163

Resistance: 0.0220 – 0.0260

Major resistance: 0.0350

My take: Knife-catching here is risky. Oversold can bounce fast, but until price reclaims 0.022+, bears still control. I’ve lost trades trying to bottom-pick moves like this 😅#dam