ZAMA has been one of the standout gainers this week, printing a textbook uptrend structure of higher highs and higher lows. After a sharp breakout and retest, price is now coiling just under a key resistance shelf — here's how the chart is shaping up.
Market Snapshot
ZAMA/USDT (Perpetual) is trading at $0.06050, up +1.68% on the session, having opened at $0.05950 and ranged between a high of $0.06130 and a low of $0.05826.
Structure Breakdown
Since the July 20 low near $0.03495 (marked LL), ZAMA has been in a clean impulsive uptrend, printing a sequence of Higher Lows (LL→LL climbing) and Higher Highs (HH→HH→HH) — a strong bullish market structure. Each leg up has been followed by a shallow pullback into a Fair Value Gap (FVG) zone before continuing higher, showing consistent demand absorption on dips.
The most recent leg saw price break above the $0.0605–0.0650 supply zone (highlighted yellow box), tag a fresh HH near $0.065+, then pull back sharply to retest the breakout zone as support — a classic "break, retest, continue" pattern. Price has since reclaimed the $0.0605 level and is holding above it, with the white projection arrow on the chart pointing toward continuation.
Key zones to watch:
Immediate resistance: $0.0605–0.0620 (current supply / prior breakout shelf)
Major resistance / breakout target: $0.0650 (top of the yellow FVG box)
Immediate support: $0.05826–0.0595 (session low / retest zone)
Deeper support: $0.04811, then $0.04350 (prior HL structure)
Major support (trend invalidation): $0.03495 (origin of the rally)
Trade Setup Ideas
Bullish continuation (favored while price holds above $0.0581):
Entry zone: $0.0595–0.0605, on a retest of the reclaimed breakout shelf
Stop-loss: Below $0.0578 (below the retest low)
Target 1: $0.0650
Target 2: $0.0700
Target 3 (extended, momentum-driven): $0.0750+
Conservative / pullback entry (for those who missed the move):
Entry zone: $0.0570–0.0581, on a deeper retracement into the demand zone
Stop-loss: Below $0.0550
Target 1: $0.0605
Target 2: $0.0650
A 4H close back below $0.0550 would weaken the bullish structure and open the door toward the $0.0481 support shelf.
Bottom Line
ZAMA's higher-high, higher-low structure remains fully intact, and the successful retest of the $0.0605 breakout zone keeps momentum tilted to the upside. As long as price holds above $0.0581, the path of least resistance points toward $0.0650 and beyond. A breakdown below that level would be the first sign the rally needs more time to consolidate.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice. Trading perpetual contracts and crypto assets involves substantial risk, including the risk of leverage-related losses. Always do your own research (DYOR) and manage risk according to your own financial situation before entering any trade.
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