1. Key Support and Resistance Levels
Resistances (Selling Zones / Ceilings)
Immediate Resistance ($0.0768): This is the high of the recent candle. The order book shows a sell wall of 1.02 M ZAMA concentrated at this level.
Main Resistance / 24h High ($0.0783): This is the highest point reached in the last 24 hours. Breaking above this level would confirm the continuation of the daily uptrend (+16.57%).
Supports (Buying Zones / Floors)
Dynamic Support / Supertrend ($0.0758 - $0.0750): The Supertrend indicator (10,3) turned green and marks a support level at $0.0758. The $0.0750 zone acts as psychological support and a level of prior consolidation.
Critical Intraday Support ($0.0739): The most recent local low. If the price falls below this level, it would invalidate the short-term bullish structure.
2. Order Book Analysis
Buy-side dominance: 76.64% of the pressure in the order book comes from demand (buy orders), compared with just 23.36% from supply.
Significant buy block: There is substantial liquidity on the bid at $0.0766 (more than 4.12 M ZAMA), serving as a buffer to absorb price moves in the very short term.
3. Staggered Trading Plan (Trading Strategy)
Risk management note: Volatility is high on 5-minute charts. It is recommended to risk no more than 1% to 2% of total capital per trade and to use conservative leverage.
Strategy A: Entry on a Pullback to Support (Higher Probability)
Entry Point (Long): Place a limit order or wait for confirmation in the Supertrend support zone between $0.0755 and $0.0758.
Stop Loss (Risk Management): Set the stop below $0.0748 (approximately 1.3% risk from the entry point).
Profit Targets (Take Profit):
TP 1 ($0.0768): Sell 50% of the position (+1.5% profit).
TP 2 ($0.0783): Sell the remaining 50% near the daily high (+3.3% profit).
$ZAMA
#squarecreator
Resistances (Selling Zones / Ceilings)
Immediate Resistance ($0.0768): This is the high of the recent candle. The order book shows a sell wall of 1.02 M ZAMA concentrated at this level.
Main Resistance / 24h High ($0.0783): This is the highest point reached in the last 24 hours. Breaking above this level would confirm the continuation of the daily uptrend (+16.57%).
Supports (Buying Zones / Floors)
Dynamic Support / Supertrend ($0.0758 - $0.0750): The Supertrend indicator (10,3) turned green and marks a support level at $0.0758. The $0.0750 zone acts as psychological support and a level of prior consolidation.
Critical Intraday Support ($0.0739): The most recent local low. If the price falls below this level, it would invalidate the short-term bullish structure.
2. Order Book Analysis
Buy-side dominance: 76.64% of the pressure in the order book comes from demand (buy orders), compared with just 23.36% from supply.
Significant buy block: There is substantial liquidity on the bid at $0.0766 (more than 4.12 M ZAMA), serving as a buffer to absorb price moves in the very short term.
3. Staggered Trading Plan (Trading Strategy)
Risk management note: Volatility is high on 5-minute charts. It is recommended to risk no more than 1% to 2% of total capital per trade and to use conservative leverage.
Strategy A: Entry on a Pullback to Support (Higher Probability)
Entry Point (Long): Place a limit order or wait for confirmation in the Supertrend support zone between $0.0755 and $0.0758.
Stop Loss (Risk Management): Set the stop below $0.0748 (approximately 1.3% risk from the entry point).
Profit Targets (Take Profit):
TP 1 ($0.0768): Sell 50% of the position (+1.5% profit).
TP 2 ($0.0783): Sell the remaining 50% near the daily high (+3.3% profit).
$ZAMA
#squarecreator