$ZAMA is pumping, but this is exactly where people get carried out 🚨
I’ve been burned.
Price is $0.0533, up 11.06% on the day, and the tape is strong with 24h volume at $32.38M. The scary part? Volume is 7.6x the 20d average, RSI on 4h is 58, and longs are already paying 0.005% funding. That’s not chase fuel forever. ⚠️
Still, the setup isn’t trash. Price is above the 20d and 50d MA, and it’s only 20% off the 30d high. Momentum is real.
Just know this move can keep ripping or rug hard on late entries. I like it, I don’t trust it 😈
#ZAMA
#Trading
#Altcoin
I’ve been burned.
Price is $0.0533, up 11.06% on the day, and the tape is strong with 24h volume at $32.38M. The scary part? Volume is 7.6x the 20d average, RSI on 4h is 58, and longs are already paying 0.005% funding. That’s not chase fuel forever. ⚠️
Still, the setup isn’t trash. Price is above the 20d and 50d MA, and it’s only 20% off the 30d high. Momentum is real.
Just know this move can keep ripping or rug hard on late entries. I like it, I don’t trust it 😈
#ZAMA
#Trading
#Altcoin