$ZAMA — Breakout Momentum Fades, Rejection Setup on Watch ⚡
That sharp push toward $0.07561 was impressive, but buyers couldn't sustain the move. ZAMA is now trading around $0.06945, with the 1H structure turning sideways and the 4H trend still showing weakness. Futures volume is around $68.65M versus $30M in spot volume, while approximately $83.2K in futures positions were liquidated over 24 hours. Leverage is active, but buyers haven't proved control yet. CoinGlass +1
Strategy: Resistance Rejection Short
Sell Zone: $0.0700 – $0.0707
TG1: $0.0685
TG2: $0.0670
TG3: $0.0657
Stop Loss: $0.0721
Notes: Don't rush into the trade. Wait for a clear 1H rejection around the sell zone. A sustained close above $0.0708 invalidates this setup. Watch $0.0668 closely; a clean breakdown could open the door to TG3. Keep position size controlled and protect your capital. 🎯
#BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC #YiHe:ProofOfReserves:10TokensAt100%Backing
That sharp push toward $0.07561 was impressive, but buyers couldn't sustain the move. ZAMA is now trading around $0.06945, with the 1H structure turning sideways and the 4H trend still showing weakness. Futures volume is around $68.65M versus $30M in spot volume, while approximately $83.2K in futures positions were liquidated over 24 hours. Leverage is active, but buyers haven't proved control yet. CoinGlass +1
Strategy: Resistance Rejection Short
Sell Zone: $0.0700 – $0.0707
TG1: $0.0685
TG2: $0.0670
TG3: $0.0657
Stop Loss: $0.0721
Notes: Don't rush into the trade. Wait for a clear 1H rejection around the sell zone. A sustained close above $0.0708 invalidates this setup. Watch $0.0668 closely; a clean breakdown could open the door to TG3. Keep position size controlled and protect your capital. 🎯
#BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC #YiHe:ProofOfReserves:10TokensAt100%Backing
