$ZAMA Market Watch ✨
$ZAMA appears to be stabilizing near local support as bids gradually step in ahead of the upcoming auction. Price action suggests a potential base forming, with market participants positioning early before broader price discovery.
📊 On the 4H timeframe, has printed a well-defined rounded bottom, bouncing from the 0.0734 local low. Momentum on lower timeframes is beginning to shift, supported by a bullish MACD curve, indicating that early selling pressure may be losing strength.
🗓 With the public token auction now scheduled for January 21–24, increased attention and early absorption are visible as traders prepare for the next phase.
🔍 Trade Setup (for tracking purposes):
• Bias: Long
• Entry Zone: 0.0785 – 0.0800
• Invalidation: 0.0725
• Targets:
TP1: 0.1050
TP2: 0.1250
As always, market conditions can change quickly—manage risk carefully and stay informed.
👉 Trade $ZAMA here
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