【$DAMUSDT Signal】 Short squeeze structure established, pullback to go long


$DAMUSDT 4H timeframe price has already stood above the Bollinger upper band, with 1H buy orders continuously pushing higher, RSI surging to 86, and bullish sentiment overheating. However, open interest remains stable, the funding rate is only 0.045%, and shorts have not exited in large numbers— the short squeeze foundation is still in place. Below, there are extremely thick orders placed in the 0.057 to 0.0571 range, fully exposing the intent to provide funding support.

🎯Direction: Pullback to go long

⚡Entry/Orders: Layer in entries in the 0.0507 - 0.0520 range

🛑Stop loss: 0.0482

🚀Target 1: 0.0674

🚀Target 2: 0.0751

🛡️Trade management:
- Execution strategy: After Target 1 is reached, reduce the position by 50%, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.057, consider taking partial profits early.

The 1-hour MACD is still expanding, but there is a slight bearish top divergence between price and RSI, indicating a short-term technical pullback may be needed. The current risk-reward ratio is above 4, so risk is controllable. The 4-hour timeframe has broken through the long-term downtrend line, and the structure has shifted to bullish. The order book shows sell orders piling up above 0.05725, which is short-term resistance; once this level is broken, upside space opens up. Open interest has not dropped along with the price spiking, suggesting this is not simply a pump-and-dump.

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