🚨$ZAMA JUST GOT SMOKED😫

Supply rejected → support nuked → panic candles activated.😱

This is why we WAIT for confirmation 😤

Big rejection from the 0.055–0.056 supply zone (the area I marked earlier).

Price failed to hold structure and we just saw a heavy liquidity sweep + dump straight into support.

📉 Clean bearish continuation.

Key takeaways for traders:

✅ Major resistance respected

✅ Support at ~0.040 failed

✅ Panic sell pushed price to ~0.031–0.033

✅ Small bounce = dead-cat bounce unless structure flips

🎯 Levels to watch

Resistance: 0.040 – 0.042

Next downside support: 0.030 – 0.028

If price reclaims 0.040 with volume, we can look for longs.

Otherwise, rallies are sell opportunities.

⚠️ Trade safe — volatility like this wipes emotional traders.

$ZAMA #zama

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