$ZAMA RECLAIMS THE BREAKOUT ZONE AFTER A VIOLENT SHAKEOUT — BUYERS ARE STILL IN CONTROL
The 1H structure has turned sharply bullish after a prolonged base around the $0.045–$0.048 area, followed by consecutive higher highs and higher lows into the current expansion. Price reached a fresh 24H high at $0.06733 before a violent rejection swept down to $0.04237 and was quickly reclaimed, making a controlled retest preferable to chasing the rebound near $0.064.
$ZAMA /USDT — LONG
Trade Plan
Entry: $0.0585–$0.0610 on a healthy retest SL: $0.0540 TP1: $0.0673 TP2: $0.0685 TP3: $0.0720
Why this setup?
$ZAMA has developed a clear bullish 1H sequence from the earlier consolidation near $0.0455, with price progressively breaking higher and accelerating through the $0.05046 and $0.05589 areas. The latest expansion pushed directly into $0.06733, confirming strong short-term buying pressure despite the extreme volatility.
The $0.05589 region is the nearest clearly visible structural support beneath the current price, while $0.06733 is the immediate resistance and fresh 24H high. The unusually deep wick to $0.04237 shows that sellers briefly forced a major liquidation move, but the immediate recovery back above $0.060 indicates that buyers absorbed the rejection rather than allowing price to remain below the breakout structure.
At around $0.064, price is already close to the recent high after recovering aggressively from the shakeout, so chasing the current candle carries elevated pullback risk. A retracement into $0.0585–$0.0610 would bring price back toward the latest breakout area and provide a better location for buyers to prove that former resistance has turned into support.
If the retest holds and price reclaims $0.06733, the continuation structure would strengthen toward the upper visible chart area around $0.0685, with further extension toward $0.072 possible if momentum remains intact. A decisive loss of $0.0540 would weaken the recent breakout structure and invalidate this setup.
Wait for the retest and confirmation rather
The 1H structure has turned sharply bullish after a prolonged base around the $0.045–$0.048 area, followed by consecutive higher highs and higher lows into the current expansion. Price reached a fresh 24H high at $0.06733 before a violent rejection swept down to $0.04237 and was quickly reclaimed, making a controlled retest preferable to chasing the rebound near $0.064.
$ZAMA /USDT — LONG
Trade Plan
Entry: $0.0585–$0.0610 on a healthy retest SL: $0.0540 TP1: $0.0673 TP2: $0.0685 TP3: $0.0720
Why this setup?
$ZAMA has developed a clear bullish 1H sequence from the earlier consolidation near $0.0455, with price progressively breaking higher and accelerating through the $0.05046 and $0.05589 areas. The latest expansion pushed directly into $0.06733, confirming strong short-term buying pressure despite the extreme volatility.
The $0.05589 region is the nearest clearly visible structural support beneath the current price, while $0.06733 is the immediate resistance and fresh 24H high. The unusually deep wick to $0.04237 shows that sellers briefly forced a major liquidation move, but the immediate recovery back above $0.060 indicates that buyers absorbed the rejection rather than allowing price to remain below the breakout structure.
At around $0.064, price is already close to the recent high after recovering aggressively from the shakeout, so chasing the current candle carries elevated pullback risk. A retracement into $0.0585–$0.0610 would bring price back toward the latest breakout area and provide a better location for buyers to prove that former resistance has turned into support.
If the retest holds and price reclaims $0.06733, the continuation structure would strengthen toward the upper visible chart area around $0.0685, with further extension toward $0.072 possible if momentum remains intact. A decisive loss of $0.0540 would weaken the recent breakout structure and invalidate this setup.
Wait for the retest and confirmation rather