🆘 $DAM dumped -8.4% with 6.9x Volume Spike...Distribution continues or is the bottom near? 👀DAM — SHORT SETUP 🔴
(Wait for dead cat bounce — then short!)
Entry: 0.05943 – 0.06000 (on rejection)
SL: Above previous swing high
TP1: 0.05608 🎯
TP2: 0.05458 🎯
TP3: 0.05358 🎯
What's happening?
DAM dropping steadily from 0.06476 with 6.9x sell volume — classic smart money distribution. No support holding, every bounce is being sold. Wait for weak bounce to 0.05943–0.06000, look for pin bar or bearish engulfing on 5m/15m → THEN short. 🎯
Extra confirmation: 2-3 failed attempts to break above 0.05943 = strong short signal.
Bias flips neutral if: Price immediately reclaims 0.05943 and holds → don't short, wait for new structure.
Debate:
6.9x sell volume in a clear downtrend — dead cat before 0.05358 or capitulation bottom forming? 👇
Trade DAM here 👇
$RAVE $BLESS
(Wait for dead cat bounce — then short!)
Entry: 0.05943 – 0.06000 (on rejection)
SL: Above previous swing high
TP1: 0.05608 🎯
TP2: 0.05458 🎯
TP3: 0.05358 🎯
What's happening?
DAM dropping steadily from 0.06476 with 6.9x sell volume — classic smart money distribution. No support holding, every bounce is being sold. Wait for weak bounce to 0.05943–0.06000, look for pin bar or bearish engulfing on 5m/15m → THEN short. 🎯
Extra confirmation: 2-3 failed attempts to break above 0.05943 = strong short signal.
Bias flips neutral if: Price immediately reclaims 0.05943 and holds → don't short, wait for new structure.
Debate:
6.9x sell volume in a clear downtrend — dead cat before 0.05358 or capitulation bottom forming? 👇
Trade DAM here 👇
$RAVE $BLESS