【$DAM Signal】Short squeeze continues, buy the dip

$DAM 1H timeframe shows a rebound followed by a pullback, the price has broken above the Bollinger upper band, buy order depth is imbalanced at 12.6%. The 4H MACD histogram continues to expand, open interest remains stable, funding rate is moderate, and the short squeeze structure remains intact.

🎯Direction: Long

⚡Entry/Order: 0.05190 - 0.05313

🛑Stop Loss: 0.05190

🚀Target 1: 0.05806

🚀Target 2: 0.06053

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

The 1H RSI touched 78 and then pulled back, indicating healthy cooling. Market data reveals a very thick order book below 0.0572, with clear intent of support from funds. The 4H level has broken through the previous dense trading zone, opening up upward space. The current risk-reward ratio is 4:1, enough to cover volatility risks.

View real-time market 👇 $DAM
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