ZAMA is showing cautious market behavior as it settles after the initial listing spike.
• Price is holding around 0.03113 USDT, slightly down on the session, reflecting controlled selling rather than panic.
• Intraday action tested the 0.03431 area before pulling back, suggesting supply is active at higher levels.
• Trading activity remains heavy, with 4.58B ZAMA and $150.19M USDT traded in the last 24 hours, showing strong liquidity and attention.
• On the 1-hour timeframe, price is trading below the 9-EMA (0.03199) and 15-EMA (0.03262), with a recent death cross signaling short-term bearish momentum.
• Support is forming near 0.03039, while resistance is clearly defined around 0.03431, keeping price within a tightening range.
Overall, ZAMA is in a cooldown phase after the early surge. Momentum is weak short-term, but volume and structure suggest the market is stabilizing rather than collapsing.
