$ZAMA just saw a $3.24K long liquidation at $0.02199, signaling downside pressure as overleveraged longs got wiped. This type of flush usually means the market rejected higher prices and forced weak hands out. When longs get liquidated, it often creates short-term fear and can either lead to continuation down or a relief bounce if sellers exhaust.

Right now, the key question is whether buyers step in after this sweep. If volume stays low, ZAMA could drift lower. But if demand returns quickly, this liquidation may act as a reset for a potential bounce.