$ZAMA is currently trading near 0.0178, after a strong downtrend from recent highs. The sharp sell-off shows heavy profit booking, but price is now trying to stabilize near a demand zone.
🔍 Key Observations:
Price has dropped ~40% in 7 days → oversold conditions
Selling momentum is slowing down
Long lower wicks suggest buyers defending this level
Order book shows buy-side strength > sell-side
📊 Outlook: This looks like a potential base formation. A short-term relief bounce is possible if price holds above current support. However, trend is still weak — confirmation is required before aggressive longs.
⚠️ Trade Carefully
Conservative traders: wait for confirmation
Aggressive traders: small position + tight stop-loss
🧠 Patience > FOMO
Not financial advice.
ZAMA
0.01826
+4.70%