$ZAMA $ZAMA at a Critical Support: Is the Bounce Coming? 📉
Attention Traders! 🚨
We are seeing some very interesting price action on ZAMA/USDT. After a 5% dip, the price is currently hovering around $0.02803. While the overall trend looks bearish, the technical indicators are starting to whisper a different story.
🔍 Technical Breakdown:
The Support Floor: ZAMA has established a strong local support at $0.02726. As long as we hold this level, the bulls have a fighting chance for a reversal.
KDJ Crossover: Look closely at the KDJ! We are seeing a bottom-up curve starting to form. This usually signals that the selling pressure is exhausting and a "relief rally" could be next.
RSI (Relative Strength Index): Sitting at 42, ZAMA is far from being overbought. There is plenty of room for the price to push upward without hitting immediate resistance.
🎯 My Trade Setup:
Aggressive Entry: Around current levels ($0.02800) if the 15m candle closes green.
Safe Entry: Wait for a breakout above $0.02861 (The 20-period Moving Average).
Take Profit 1: $0.02980 (Quick gain)
Take Profit 2: $0.03100 (Major resistance)
Stop Loss: $0.02680 (Keep your capital safe! 🛡️)
What’s your move? Are you Buying the Dip 🟢 or Waiting for lower levels 🔴? Let me know in the comments! 👇
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