The pullback on $ZAMA /USDT is healthy. After the strong impulse from 0.0195 to 0.0212, price needed to cool off. Fast moves without consolidation usually retrace sharply, so this small correction is allowing structure to form instead of blowing off. I’m watching how the market is absorbing sellers — they’re building strength above the breakout zone rather than collapsing back into the range.
The key level here is around 0.0202–0.0204. This area previously acted as resistance during consolidation, and once broken, it turned into support. It also lines up with a shallow retracement of the recent impulse leg. When price breaks out and then retests the breakout area successfully, that reaction zone becomes strong demand.
We already saw buyers defend above 0.0200 multiple times. The higher low formation after 0.0195 shows accumulation. If this level holds, continuation toward new intraday highs is likely.
Trade Setup:
Entry Zone: 0.0204 – 0.0209
Target 1: 0.0220
Target 2: 0.0235
Stop Loss: 0.0196
The entry sits near reclaimed structure and minor retracement support. Target 1 aligns with the recent high liquidity around 0.0220. Target 2 sits above the current high where breakout traders will likely push momentum. Stop loss below 0.0196 invalidates the higher low structure and protects against a deeper pullback.
I’m watching volume on dips — as long as buyers continue stepping in above 0.0200, they’re building strength. If this level holds, expansion can happen quickly.
#CPIWatch #MarketRebound #USNFPBlowout
