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DAM has recently performed well, with a daily increase of 3.74%. Interesting technical changes have occurred behind the scenes. From the candlestick pattern, this asset has formed a descending wedge, which often indicates a strong rebound trend, with market expectations of a potential 250% increase.
Looking at the specific data, traders generally have locked in $0.01650 as an important support level. If this line holds, the rebound target points to the $0.02750-$0.040 range, and the breakout potential remains quite considerable. Community enthusiasm has also picked up, with about 90% positive sentiment, and many active voices are bullish on this wave.
If you plan to participate in short-term contracts, it is recommended to set a stop-loss at $0.01650. Once the target reaches $0.02750, you can consider taking profits. Of course, remember that volatility in the crypto market is always fierce, and risk management is essential. Whether this wave can succeed also depends on whether subsequent trading volume can continue to support the move.