DAM/USDTSince its listing on Binance Perpetual, DAM/USDT has corrected nearly -60% from the top, which can be considered a healthy market reset after the initial hype. Over the past week, price action has started to stabilize and form a solid base of support.
On the 4H timeframe, we can now see a clean breakout followed by a successful hold above structure, suggesting that momentum may be shifting back in favor of the bulls.
If this base continues to hold, DAM is positioned for the next leg upward
