ZAMA’s trade blew up again and triggered an alert. In the last 24 hours, it’s only down to +5.91% . The current price is 0.08358. Volume ratio is 0.5. Trading volume has already shrunk to half of the recent average. The momentum from the previous move—from 0.05 to 0.0955—has clearly faded. There’s divergence between price and volume, and the chasing funds are pulling out.

The picture is clearer from a position perspective: MA7 is 0.08613, MA25 is 0.09061, and MA99 is 0.0867. The short-term moving averages are in a bearish alignment, and the price is trading below MA7. The 24h high of 0.0955 is now 14.26% away. RSI is only 23. While oversold is oversold, this is oversold within a downtrend—not a bottom-picking signal. RSI at 23 combined with a bearish alignment usually means there could be another drop. Don’t use “oversold” as the only reason to hard-buy.

Contract sentiment is also ebbing. Open interest has decreased by 3.06%, and capital is exiting—this isn’t fresh money coming in. The funding rate is -0.0067%, with long/short balance leaning bearish, indicating that the long leverage has already been pretty much washed out. As for the setup from the group—enter between 0.0925 and 0.0940, stop-loss at 0.0860—when the current price is 0.08358, it has already broken through the stop loss. It’s reasonable that the original signal has become invalid a second time.

My take operationally: don’t participate. This move is a pullback after a rise, not a pullback that confirms. If you’re going to wait, wait for the price to return to around the recent support at 0.08188, and see whether it can hold there. Then only talk again if it’s bought back with volume. Otherwise, there’s nothing to reference below. Chasing in now is basically lifting the pole for someone else; everyone knows the fate of catching a falling knife. If you already hold, trim around 0.0861 on the rebound—don’t get stubborn in a fight.

In one sentence: for tickets whose signal has failed twice, the quality has changed—stay mostly on the sidelines.

Data quick look: current price 0.08358 | 24h +5.91% | volume ratio 0.5 | RSI 23 | fee rate -0.0067%

— 23:12 market notes