ZAMA H1 – Surged to 0.0756 USD, now consolidating around 0.0724 USD
Current price: 0.0724 USD, +18.44% compared with the close 24 candles ago (0.06113 USD).
24h range: high of 0.07561 USD, low of 0.05997 USD.
Bullish scenario: If the price holds the 0.0717–0.0724 USD zone and breaks above 0.07561 USD, it could move toward 0.07948 USD and then 0.085 USD.
Bearish scenario: If the price falls below 0.0717 USD, it could pull back to 0.0696 USD, then 0.05997 USD, and potentially as low as 0.059 USD.
Personal view: ZAMA has just made a strong bounce from its 24h low to 0.07561 USD before stalling around 0.0724 USD, suggesting buying pressure is still present but is taking a breather. Wait for confirmation of a break back above the 24h high before expecting the uptrend to continue. If the current consolidation zone is lost, it may be better to wait for lower levels.
👇 TRADE ZAMA HERE 👇
$ZAMA
Current price: 0.0724 USD, +18.44% compared with the close 24 candles ago (0.06113 USD).
24h range: high of 0.07561 USD, low of 0.05997 USD.
Bullish scenario: If the price holds the 0.0717–0.0724 USD zone and breaks above 0.07561 USD, it could move toward 0.07948 USD and then 0.085 USD.
Bearish scenario: If the price falls below 0.0717 USD, it could pull back to 0.0696 USD, then 0.05997 USD, and potentially as low as 0.059 USD.
Personal view: ZAMA has just made a strong bounce from its 24h low to 0.07561 USD before stalling around 0.0724 USD, suggesting buying pressure is still present but is taking a breather. Wait for confirmation of a break back above the 24h high before expecting the uptrend to continue. If the current consolidation zone is lost, it may be better to wait for lower levels.
👇 TRADE ZAMA HERE 👇
$ZAMA
