【$DAMU Signal】Pullback to buy! 1H retraces to EMA20 for support confirmation, 4H uptrend remains intact

$DAMU The 1H timeframe is consolidating strongly above the EMA20 (0.0362), with the price refusing a deep correction, indicating strong buying interest. The 4H timeframe has stabilized above the EMA50 (0.0305), and the overall upward trend structure is intact, currently representing a healthy technical pullback. Market depth data shows significant buy orders, with light sell pressure, providing a solid support foundation for the price. Open interest remains stable, with no signs of panic selling. Combined with normal funding rates, this suggests the current rally is mainly driven by spot demand rather than excessive leverage, indicating strong sustainability.

🎯 Direction: Long

⚡ Entry/Orders: 0.0355 - 0.0363

🛑 Stop Loss: 0.0349

🚀 Target 1: 0.0378

🚀 Target 2: 0.0395

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss to the entry price. If the price strongly breaks through Target 1 and stabilizes, move the remaining stop loss to hold and aim for Target 2.

( Depth Logic: The 1-hour RSI is in a healthy zone with no overbought signals, leaving room for further upside. After a series of bullish candles on the 4H timeframe, the slight correction is a typical “air refueling” pattern in a bullish trend. Market buy orders are clearly stacked, with a strong intent from the main force to defend the price. Key support levels are around the 1H EMA20 and the previous low at 0.0352; as long as these are not broken, upward momentum will gather again. )

View real-time quotes 👇 $DAMU

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