$ZAMA – High Volatility Shakeout Before Reversal?

ZAMA is facing aggressive selling pressure with a sharp correction of nearly 30%. The market structure shows panic-driven dumping rather than slow distribution. This kind of move often creates short-term bottoming opportunities if support holds.

Market Overview:

Strong bearish momentum, but approaching demand zone. RSI likely oversold territory on lower timeframes. Relief bounce possible.

Key Support:

0.01780

0.01690 (major demand)

Key Resistance:

0.02050

0.02280

Trade Setup:

EP: 0.01790 – 0.01820

TO1: 0.02050

TO2: 0.02280

TO3: 0.02550

SL: 0.01640

Short Term Insight:

Technical bounce possible if 0.01780 holds.

Long Term Insight:

If price reclaims 0.02280 and sustains, trend reversal confirmation toward 0.030+ zone.

ZAMA

0.02611

+1.91%