$ZAMA is bullish because the chart is confirming the privacy/FHE catalyst into the April 30 Shielded event.
The fresh catalyst is Zama’s upcoming “Shielded” milestone, focused on confidential transactions and user-facing privacy infrastructure. That matters because privacy narratives only need one clean product catalyst to force traders back into the sector.
Technically, $ZAMA reclaimed the 4H MA7, MA30 and MA200, then pushed back toward the previous 0.032 resistance zone. On the 15m chart, price is holding near 0.0317 after a strong impulse, with buyers defending above the short-term moving averages.
Bias: Long
Entry: 0.0310 – 0.0318
SL: 0.0304
TP1: 0.0321
TP2: 0.0335
TP3: 0.0350
Positioning insight:
Sellers had control below 0.0296. Now price is holding above them, and every failed breakdown turns into forced re-entry fuel.