Daily RSI at 90. Let that number sink in. That's not a typo —
$ZAMA 's daily RSI is at 90 while most altcoins are struggling to stay green. 🔥
This thing is up 63% in 7 days and another 13% today. The ZK privacy narrative is ON FIRE, and ZAMA is leading the charge.
The Picture:
4H RSI at 58.9 (still has room), price above ALL moving averages (7d > 25d > 99d), and volume that's 1.37x normal and INCREASING. The uptrend is intact and accelerating.
Why This Trade?
When you see RSI at 90 on the daily, conventional wisdom says "overbought, sell." But in strong trends, overbought can stay overbought for weeks. The key is that the 4H RSI (58.9) isn't maxed out yet — there's still fuel in the tank.
The smart money thesis: ZK privacy tech is a legitimate narrative driver, not just hype. This isn't a meme coin pump — there's fundamental weight behind the move.
BUT — 63% in a week means mean reversion is coming. I'm scaling in, not going all-in.
The Plan:
📍 Entry: $0.055-$0.060 (7-day SMA zone — where pullbacks find support in strong trends)
🛑 Stop Loss: $0.048 (below the 25-day SMA at $0.0406 and 99-day at $0.0332 — wide stop because volatility is high)
🎯 TP1: $0.075 (extension of current momentum)
🎯 TP2: $0.085 (if the ZK narrative continues)
Risk/Reward: 1:1.8 — solid for a scaling strategy.
Is ZK privacy the next big narrative, or is ZAMA running on fumes at RSI 90? 👇
#ZAMA #ZK #Privacy #AltcoinGem
⚠️ Not financial advice. DYOR. High RSI can precede sharp corrections.