$DAM Signal】Place an order for low buy-in and wait for funding rate to normalize


$DAM 1H MACD histogram continues to shorten, price breaks below the middle Bollinger Band at 0.0516. 4H RSI drops from overbought territory to 68, buying momentum weakens. Funding rate reaches as high as 1.13%, indicating extreme long position costs, but open interest (OI) has not surged, indicating stalemate between bulls and bears.

🎯Direction: Long (place order for a pullback)

⚡Entry/Order: 0.03717 - 0.05131

🛑Stop loss: 0.03512

🚀Target 1: 0.05158

🚀Target 2: 0.05178

🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.

Current price 0.05157 is above the upper limit of the entry zone, directly chasing longs offers a very poor risk-reward ratio. Place an order waiting for a deep pullback, while the extreme funding rate hints at potential short squeeze risks. However, if longs continue to bear the funding cost, it may trigger a liquidation cascade. Be patient and wait for a better entry.

View real-time market 👇 $DAM
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #加密市场小幅下跌 #Polymarket每日热点
BTC-1.24%
ETH-1.37%
SOL-1.9%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin