I’m watching $ZAMA closely as price stabilizes around the 0.0285–0.0293 region after rejecting the 0.0305 highs. The pullback was controlled, not aggressive, and the structure didn’t break. They’re building strength here, and the candles are showing balance instead of panic selling.
Trade Setup
Entry Zone: 0.02900 – 0.02850
Target 1: 0.03050
Target 2: 0.03200
Stop Loss: 0.02780
This zone is strong because it lines up with previous support where price paused and reacted before the last push higher. It also represents a healthy retracement of the impulsive move from the 0.0274 lows to 0.0305 highs, an area where buyers typically defend. The repeated wicks and quick recoveries from dips show demand stepping in consistently.
I’m watching how price holds above this base — the market is compressing, not breaking down. If this level holds, continuation toward the highs becomes very likely. This looks like consolidation after strength, and that’s usually where the next leg starts to form.
#WhenWillBTCRebound #WarshFedPolicyOutlook #ADPDataDisappoints
