ZAMA/USDT .Technical Analysis (The Story)
The asset experienced a massive "pump and dump" scenario, crashing nearly 39% from its high of $0.2262. Currently, the price is in a consolidation phase near the bottom. The RSI (37.22) is low, suggesting the selling pressure is $exhausting, and it is now hovering just above its 24h low of $0.1117, which acts as a strong psychological support.
Spot Trade Setup #ZAMA
Action Price Level Reason
Buy Zone (Entry) $0.1150 – $0.1210 Entering near the recent bottom to catch a potential bounce.
Target 1 (Safe) $0.1315 Previous minor resistance level where sellers might return.
Target 2 (Mid-term) $0.1500 A psychological level and previous consolidation zone.
Stop Loss (Exit) $0.1080
Strategy Tips
Accumulation: Instead of buying all at once, buy in small parts (DCA) within the entry zone.
Patience: Since the volume is decreasing, it might take some time for a breakout to happen.
Trend Confirmation: Watch for a green candle to close above $0.1250 on the 1-hour timeframe to confirm the upward move.
Would you like me to set an alert for you if the price hits the $0.1120 support level? #USNonFarmPayrollReport $ZAMA
