I’m watching $ZAMA Short for a downside move.
Multiple upper-rejection wicks near the local peak, combined with weakening MACD momentum, suggest buyers are losing control. If the rejection continues, I’m expecting a sharper move lower and possible liquidation of late longs.
Trading Signal: $ZAMA SHORT 🔴
Entry: $0.08900 – $0.08980
SL: $0.09250
Take Profits:
TP1: $0.08820
TP2: $0.08460
TP3: $0.08060
Keep the position size controlled and don’t chase the move.
Multiple upper-rejection wicks near the local peak, combined with weakening MACD momentum, suggest buyers are losing control. If the rejection continues, I’m expecting a sharper move lower and possible liquidation of late longs.
Trading Signal: $ZAMA SHORT 🔴
Entry: $0.08900 – $0.08980
SL: $0.09250
Take Profits:
TP1: $0.08820
TP2: $0.08460
TP3: $0.08060
Keep the position size controlled and don’t chase the move.
