📉 $ZAMA Intraday Setup: Trading the Post Listing Volatility
Zama $ZAMA is navigating a critical price discovery phase following its recent listing and the launch of the Binance Spot Campaign (45M ZAMA pool). The 1H chart shows price stabilizing near $0.021, reacting to the Seed Tag volatility.
📊 1H Technical Analysis
● Volume Profile: We are seeing a High Volume Node (HVN) forming at $0.020 - $0.021, suggesting institutional absorption is combating the post-airdrop sell pressure.
● Momentum (RSI): The 1H RSI is printing a Bullish Divergence (making higher lows while price makes lower lows), signaling potential exhaustion of sellers.
🎯 Trading Setup
● Entry Zone: $0.0205 – $0.0215 (Wait for a 1H candle close above EMA 20).
● Target 1: $0.024 (Local Pivot / VWAP resistance).
● Target 2: $0.028 (Reclaiming the breakdown level).
● Stop Loss: $0.0192 (Strict stop below the recent wick low).
The Spot Campaign is driving volume. If $ZAMA flips $0.022, the squeeze to $0.028 is highly probable. 🛡️📈
