Cena ReservoirDAM

$DAM - Mcap 5.32M$ - 82%/ 1K votes Bullish SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, estimated stop-loss around 1.40%. The uptrend is in the 158th cycle, amplitude 9.96%. #TradingSetup #CryptoInsights

$DAM made a strong impulse from the 0.0197 low and topped near the 0.0258 zone. After that spike, price lost momentum and is now moving sideways below the recent high, showing clear hesitation near resistance. The structure suggests this is a cooling phase after a sharp move. Buyers are active near the 0.0242–0.0244 support, but upside continuation is weak unless price reclaims the previous rejection zone. As long as price stays capped below the recent high, quick scalp plays make more sense. 📌 When would the structure change? A clean hold above 0.0258 with follow-through would open room for continuation. Below that, price is likely to remain range-bound or pull back.

I think $DAM will explode up & it is already starting the uptrend as it broke above EMA , retested it, & bounced.

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