DAM has recently experienced some issues. The current quote of 0.02695 has broken down and fallen below the previous key trailing stop line at 0.02706 — this is the first time since the trend started that it has been breached.



From a technical perspective, the MACD has already formed a death cross, and the histogram has clearly weakened. Over the past five days, momentum has declined by nearly 30%, and the bears are gaining strength. Although the price is still 8.7% above the starting price, the resistance at 0.02754 is very close. If it cannot pull back above the trend line, the short-term correction risk will increase significantly.

The nearest support level is at 0.02686. If this level cannot hold, the outlook may need to be further downwards. This current point is indeed a critical battle — whether the bulls can hold steady depends on the upcoming performance.
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probably_nothing_anonvip
· 01-06 12:50
Once again, it broke the support level. Is it really time to run this time?

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I knew something was going to happen when the MACD crossed bearish; a 30% drop in momentum is too harsh.

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If I can't hold 0.02686, I'll just liquidate everything. Can't afford to gamble.

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Feels like every day is a critical battle, and every time they say the bulls are stable, haha.

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I've been watching this line for a while, but it still hasn't bounced back. Damn it.

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Now it's really going to retrace. Where are my stop-loss orders?
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FlashLoanKingvip
· 01-06 12:44
Oh my, it's about to break again. DAM feels like it's going to drop to the underworld this time.
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MetaMiseryvip
· 01-05 23:01
DAM is heading towards a downturn, with a death cross already appearing, and the bears are still holding back their big move.
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PumpingCroissantvip
· 01-03 17:54
It has broken through, now it's really uncertain.
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RetailTherapistvip
· 01-03 17:49
Oh no, DAM is about to fail, the MACD death cross has already appeared.

If it breaks the level, it breaks the level. Anyway, I already sold early.
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GasFeeLovervip
· 01-03 17:49
Oh no, DAM is really aggressive this time, breaking through directly...

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If I had known, I wouldn't have been greedy for that 8.7%. Now I have to see if 0.02686 can hold.

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The MACD death cross momentum has dropped by 30%, something's not right with this rhythm.

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If the bulls can't hold this, then we really need to look further down.

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If the 0.02754 line can't be pulled back, a short-term correction is definitely coming.

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Support points are breaking one after another, I'm a bit scared.

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This is a key battle, now it depends on everyone's skills.

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The bearish force is indeed gathering, we need to stay alert.

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It feels like it's going to break below 0.02686, and then there will be another round of selling.

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If it breaks through, so be it. I've seen bigger scenes before.
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IfIWereOnChainvip
· 01-03 17:44
Breaking through is just breaking through. Anyway, I've been holding in a lot of anger. If it can't be pulled back this time, I really have to consider cutting losses.
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