$ZAMA just swept a key level and reclaimed it.
Open interest is expanding with the move, and volume is backing the move.
The idea stays interesting while sellers can defend $0.09979–$0.1005. The setup is invalid if price cleanly crosses $0.10086.
Would you take the retest on $ZAMA, or wait for one more confirmation?
#ZAMA #Trading
Trade plan: SHORT
Entry: $0.09979 - $0.1005
SL: $0.10086
TP1: $0.0994
TP2: $0.09929
TP3: $0.09914
Open interest is expanding with the move, and volume is backing the move.
The idea stays interesting while sellers can defend $0.09979–$0.1005. The setup is invalid if price cleanly crosses $0.10086.
Would you take the retest on $ZAMA, or wait for one more confirmation?
#ZAMA #Trading
Trade plan: SHORT
Entry: $0.09979 - $0.1005
SL: $0.10086
TP1: $0.0994
TP2: $0.09929
TP3: $0.09914
