【$DAMUSDT Signal】Pullback to Long / Moving Average Golden Cross Momentum Continues


$DAMUSDT After a rally on the 1H timeframe, a pullback occurs. The 4-hour Bollinger Bands are opening upward, and the price has broken above the upper band. The short-term moving averages are in a golden cross configuration. RSI on the 1H chart has fallen back from a high to 72, while the 4-hour RSI surged to 82, indicating overbought conditions but no change in trend. Buy order depth is clearly accumulating around 0.0528, and selling pressure is being quickly absorbed.

🎯 Direction: Long

⚡ Entry/Order: Enter in batches within the 0.0479 - 0.0491 range

🛑 Stop Loss: 0.0460

🚀 Target 1: 0.0613

🚀 Target 2: 0.0674

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

Position size remains stable, funding rate is slightly positive, and there is no extreme liquidation risk. The MACD histogram on the 4-hour chart is still expanding, while the 1-hour momentum is slightly contracting, waiting for a pullback to release pressure. The orders below at 0.0528 to 0.0520 are very thick, fully exposing the market’s support intent. This downward move seems more like a shakeout of weak hands, with a risk-reward ratio over 4:1, making it worthwhile to take limited risk for trend continuation.

View real-time market 👇 $DAMUSDT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡
BTC-0,18%
ETH-0,36%
SOL1,56%
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