$ZAMA : bearish pressure vs long-term utility
I'm tracking $ZAMA right now as it trades at $0.02197 (+4.37%) following its recent listing on Binance. The 1h chart shows a heavy cooling-off phase after reaching an all-time high of $0.0417 earlier this month. Currently, the price is trapped below the EMA(7) at 0.02270 and EMA(25) at 0.02253, which are acting as strong dynamic resistance levels.
entry zone: $0.0210 – $0.0225
target 1: $0.0249 (Recent High)
target 2: $0.0325
target 3: $0.0417 (ATH Retest)
stop loss: $0.0195
The RSI(6) is deeply oversold at 24.94, indicating that the immediate selling pressure might be reaching an exhaustion point for a potential relief bounce. While the short-term trend is bearish due to a major supply unlock on February 5, the fundamentals for this "HTTPS for blockchain" protocol remain rock solid. As long as the $0.0195 horizontal floor holds, there's a chance for a reversal as the 2026 roadmap kicks in.
#ZAMA #FHE #Privacy #Binance #CryptoSignals $SPACE
