# Zama

$ZAMA
Corrective Phase
Sharp rejection at 0.02619 → lower high formed → price currently in a mid-range corrective slide with a 6.27% intraday dip. Momentum is leaning bearish as it approaches the critical support zone established earlier this month.
Short Setup
0.0232 – 0.0240
Targets:
0.0213
0.0198
0.0182
Stop loss:
0.0252
Weakening structure → looking for a test of the 0.0213 floor; a breakdown there confirms a deeper move toward the primary demand zone.
#Zama #Crypto

#Zama crypto is a confidentiality-focused blockchain protocol that enables private transactions and smart contracts on public blockchains. It's built on Fully Homomorphic Encryption (FHE) technology, allowing computations on encrypted data without decryption. The native token, ZAMA, is used for protocol fees, staking, and governance.
$ZAMA ‌

$ZAMA pulled a clean impulse from 0.0195 to 0.0244 and is now cooling off around 0.0226. RSI sits neutral while volume remains elevated — this looks more like consolidation than breakdown. Bulls need to defend 0.022 for continuation; reclaiming 0.0244 opens the next expansion leg. Structure still favors higher lows for now.
#Zama $ZAMA ‌

#ZAMA All the short positions opened at the start can be caught off guard, as the market is crazily buying in bulk, haha, a bunch of stubborn traders.