⚠️ $ZAMA is stuck in a bearish consolidation after a massive drop. Any bounce is a sell opportunity.

SHORT on a rejection from the $0.0285-$0.0290 resistance zone:

• Entry Zone: $0.0285 - $0.0290 (Below descending trendline & recent breakdown)

• TP1: $0.0275 | TP2: $0.0265 | TP3: $0.0255

• Stop-Loss: $0.0295 (Above the resistance zone and recent high)

Logic: Price failed to recover after the crash and is making lower highs. The consolidation is weak and likely a distribution before another leg down. Targeting a retest of the 24h low.

Shorting $ZAMA or waiting for a bigger bounce? Comment below! 🔻