$ZAMA sold off sharply after its Binance debut. The market punished momentum, not the infrastructure.

Technical

Current price: ~$0.0355

Short/medium/long MAs: Price fell below short-term averages and compresses around the mid-range trend.

RSI (4H): Oversold, signaling post-listing exhaustion.

Immediate support: ~$0.033, a key structural level.

Resistances: ~$0.038, heavy post-listing supply.

Chart timeframe: 4H.

Market Structure & Volume

Roughly $200M in volume highlights active repositioning rather than abandonment. Deep exchange liquidity absorbs volatility, while on-chain data points to selective whale accumulation.

Only risks:

- Post-listing volatility with sharp downside moves.

- Token unlock supply pressure.

- Rapid sentiment swings under extreme fear.

- Weak macro backdrop weighing on risk assets.

- Elevated FDV limiting short-term upside appetite.

Overall View

ZAMA resets after the hype. Privacy infrastructure stays intact; price waits for conviction.