๐จ Guys, don't miss this massive rejection set up on $ZAMA โthe dump is loading! ๐จ
Short Trade Position: $ZAMA
Entry Zone: 0.06166 - 0.06188
๐ฏ TP1: 0.05950
๐ฏ TP2: 0.05750
๐ฏ TP3: 0.05597
Stop Loss (SL): 0.06405
๐ Why this Short position?
Local Resistance Rejection: Price hit strong local resistance near the 0.06325 high and failed to maintain momentum, leaving upper wicks indicating heavy selling pressure.
Overextended Impulse: The 1-hour chart shows an aggressive upward run meeting key overhead supply, setting up a high-probability pullback to lower support zones.
Favorable Risk/Reward: Risk is tightly capped above the recent high at 0.06405, targeting a drop back toward the previous swing demand level at 0.05597.
Click here to Trade ๐๏ธ
Short Trade Position: $ZAMA
Entry Zone: 0.06166 - 0.06188
๐ฏ TP1: 0.05950
๐ฏ TP2: 0.05750
๐ฏ TP3: 0.05597
Stop Loss (SL): 0.06405
๐ Why this Short position?
Local Resistance Rejection: Price hit strong local resistance near the 0.06325 high and failed to maintain momentum, leaving upper wicks indicating heavy selling pressure.
Overextended Impulse: The 1-hour chart shows an aggressive upward run meeting key overhead supply, setting up a high-probability pullback to lower support zones.
Favorable Risk/Reward: Risk is tightly capped above the recent high at 0.06405, targeting a drop back toward the previous swing demand level at 0.05597.
Click here to Trade ๐๏ธ
