A $2.37K LONG liquidation just hit $ZAMA at $0.02031, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price searches for its next direction.
With leverage removed, $ZAMA is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $ZAMA could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 0.0200 – 0.0206
TP1: 0.0221
TP2: 0.0248
TP3: 0.0295
SL: 0.0192
Post-liquidation moves can be sharp — let price action confirm direction.
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