$ZAMA surged more than 20% from its low after a 16% drop in just two sessions.

From a close of $0.0776 on October 13, $ZAMA fell for two consecutive sessions to a low of $0.0652. Immediately afterward, a strong rebound candle pushed the price back up to nearly $0.0786, with trading volume in that session nearly 1.8 times the 20-session average.

The price is currently around $0.076. The 4-hour and daily RSI are both near 50, with neither side clearly in control.

The $0.0795 level has been tested 11 times on the 4-hour chart and is the nearest resistance above. Below, $0.0724 is acting as support, with five tests.

$ZAMA is classified by Binance in the Seed category—highly volatile, with thinner liquidity than larger coins.

Personal observation, not investment advice

#TheoDõiFOMC #TinFed #ZAMA