I’m looking at $ZAMA /USDT on the 15m chart, and price is sitting around 0.09108 after a clear rejection from 0.09368. For me, the key point is that price remains below all three visible moving averages, so I’m treating this as a cautious bounce setup rather than chasing strength.
Price is holding near the 0.09037 recent low, while the 7-MA is at 0.09151, 25-MA at 0.09249, and 99-MA at 0.09514. I’d like to see price reclaim 0.09151 first; that would make the bounce more interesting.
📍 Entry: 0.09037–0.09108
🎯 TP1: 0.09151
🎯 TP2: 0.09249
🎯 TP3: 0.09368
🛑 Invalidation: 0.09037
If price loses 0.09037, I’d step away from this setup because that would mean the recent visible support has failed.
The main risk is that the moving averages are still above price and sloping downward, so upside may face resistance quickly. I’m waiting for confirmation rather than assuming the bounce will continue.
Price is holding near the 0.09037 recent low, while the 7-MA is at 0.09151, 25-MA at 0.09249, and 99-MA at 0.09514. I’d like to see price reclaim 0.09151 first; that would make the bounce more interesting.
📍 Entry: 0.09037–0.09108
🎯 TP1: 0.09151
🎯 TP2: 0.09249
🎯 TP3: 0.09368
🛑 Invalidation: 0.09037
If price loses 0.09037, I’d step away from this setup because that would mean the recent visible support has failed.
The main risk is that the moving averages are still above price and sloping downward, so upside may face resistance quickly. I’m waiting for confirmation rather than assuming the bounce will continue.
