#dam [Risk Level]: Medium to High (The short-term rebound has already been significant; be cautious of a pullback to previous support levels. Overall, it's still in the early stage of a rebound after a prolonged downtrend, with high volatility)
[Strategy Recommendation]:
Potential Entry Zone: Consider gradually building long positions when the price retraces to the 0.0268 - 0.0272 range. This area is the first support level after the breakout and also the midpoint of the large bullish candle on January 13th.
Stop-loss: Strictly set below 0.0260 (e.g., 0.0258). This level is below the January 13th 00:00 breakout low of 0.02482 and the consolidation platform after the rebound; a break below would suggest the rebound logic may no longer hold.
Target Levels:
First Target: 0.0282 - 0.0285 (the starting platform of the January 6th decline and a previous multiple resistance zone).
Second Target: 0.0295 - 0.0300 (the January 6th high area and psychological resistance level).
Trading Notes: Avoid chasing prices upward. If the price strongly breaks above 0.0285 with high volume, wait for a pullback confirmation before seeking entry. Position management is crucial—start with light positions, and consider adding only after confirming the trend continues.
Brothers and sisters, what coins would you like to see? Leave a comment below! $DAM