【$DAMUSDT Signal】Short squeeze continues, major players' support intentions are too obvious

$DAMUSDT After a massive surge on the 1H timeframe, the price consolidates at a high level, with the 4H Bollinger Bands fully open and the price above the upper band. RSI spikes to 80, with a break in buying pressure, but the price refuses to pull back.

🎯Direction: Long

⚡Entry/Order: 0.0329 - 0.0331

🛑Stop Loss: 0.0325

🚀Target 1: 0.0352

🚀Target 2: 0.0375

🛡️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 into the entry zone, automatically exit to protect capital.

Order book depth shows massive sell orders stacked above 0.0332, but buy orders between 0.0329 and 0.0330 are surprisingly thick, indicating typical support from institutional traders. Open interest remains stable after the price surge, with no signs of profit-taking, maintaining a strong bullish pattern. The 1H MACD fast and slow lines are tightly bound at high levels, with momentum slightly contracting, but the 4H golden cross continues to widen, indicating the trend remains unchanged. Under this structure, the price is unlikely to fall sharply; each minor pullback is an opportunity for bulls to add positions.

Check real-time market 👇 $DAMUSDT
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