【$DAMU Signal】Pullback to add longs + 1H level pullback confirmation, main force clearly protecting the market

$DAMU The 1H level is in a healthy correction phase after a strong rally, with the price receiving initial support around 0.0256. After a large bullish candle broke through, the current candlestick is pulling back below the EMA20 (0.0260), typical of a high-level consolidation. The key point is: open interest (OI) remains stable during the price correction, and the order book buy depth (bid_ask_ratio_depth=1.62) is much stronger than the sell side, indicating that the main funds have not exited but are accumulating orders below. The 1H RSI (50.39) has fallen from overbought to neutral, preparing for another upward push.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0255 - 0.0257 (gradually accumulating near the current price)

🛑Stop Loss: 0.0248 (break below the previous 4H candle low and dense trading zone)

🚀Target 1: 0.0274 (near the previous high, also the first resistance at the 4H level)

🚀Target 2: 0.0288 (extension after breaking the previous high, close to the historical high)

🛡️Trade Management:

- Position: From light to standard size. Due to higher volatility (ATR), it is recommended to control position risk.

- Execution Strategy: After the price reaches 0.0274 (Target 1), reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 0.0257 (break-even). If the price strongly breaks through 0.0275 and stabilizes, consider moving the remaining stop loss to hold and aim for Target 2.

(Depth Logic: Market logic suggests “price rising, combined with open interest judgment,” with current OI stable and price correction more likely to be main force protecting the market rather than short sellers stepping on the brakes. The buy depth imbalance at the 1H level reaches 23.57%, with dense orders in the 0.0255-0.0250 range below, forming a strong support zone. The 4H trend has turned bullish, and this correction is an excellent second entry opportunity to play the new round of short covering, betting on a new rally. )

Check real-time quotes 👇 $DAMU

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