$ZAMA Breaking Out: Trend Continuation or Fakeout? 📈
$ZAMA is showing strong bullish momentum, gaining over 10% today. We’ve cleared local resistance, and volume is surging, suggesting that the "bottom" might be in.
Direction: LONG 📈
Entry Zone: 0.02420 - 0.02545
Target 1: 0.02850
Target 2: 0.03100
Target 3: 0.03500
Stop Loss: 0.02210
Leverage: 3x - 5x
Timeframe: 4H
Analysis:
The chart shows a clear higher-low structure followed by a vertical breakout. We are currently testing the 24h high. A successful retest of the 0.02400 level as support would confirm the next leg up.
Risk: RSI is heating up. Avoid FOMO at the absolute peak—wait for minor pullbacks within the entry zone.
Debate: Is this a sustained recovery or just a relief rally before more downside?
Bullish or Bearish on $ZAMA ? Let’s hear your take below! 👇
#ZAMA #CryptoTrading #Altcoins #BinanceSquare #TechnicalAnalysis