🔥 $ZAMA – Breakdown in Motion
ZAMA is trading near 0.0175 on the 4H chart, sitting right at fresh lows after a strong bearish cascade. Structure remains weak with clear lower highs and heavy sell volume.
Momentum favors sellers unless price reclaims key resistance.
📊 Market Overview
Trend: Strong bearish
Structure: Lower highs / Lower lows
Volume: Spike on sell-off
Sentiment: Bearish pressure dominant
🛑 Key Levels
Support:
0.01730 (Immediate)
0.01650 (Next downside)
Resistance:
0.01980 (First recovery barrier)
0.02316 (Major resistance)
⚡ Short Setup (Trend Continuation)
Entry Point (EP): 0.01880 – 0.01920
Take Profit (TP):
TP1: 0.01730
TP2: 0.01650
Stop Loss (SL): 0.02020
📌 Bias remains bearish below 0.01980.
A strong rejection from resistance favors continuation to lower supports.
Trade smart. Let price confirm.
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