$DAM Tactical Short: The Resistance Fade

Retail is chasing the green candles, but the Talha Sniper sees the 4H structure turning choppy at the $0.0365 resistance. The bounce managed to extend higher, but the follow-through is fading and price is starting to grind into resistance. We are sniping the rejection from this local top.

Entry Zone: $0.0345 – $0.0365 (Fade the Stalling Momentum)

TP1: $0.0320 (Immediate Structural Support)

TP2: $0.0295 (Previous Consolidation Base)

TP3: $0.0270 (Macro Demand Floor)

Stop Loss: $0.0385 (Hard exit on daily close above local high)

Trade Logic:

$DAM has had an aggressive push higher, but the move is beginning to lose strength around this zone. When momentum cools off like this at key resistance, it often leads to a fast pullback as sellers step back in. The -1.88% PnL in the screenshot shows the bears are already beginning to take control.

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