Quick update on the $ZAMA chart.
Bulls tried hard to defend the 1.804 level and held it for a while, but bears eventually broke through and the dip continued. Once that support gave way, momentum clearly shifted to the downside.
Now price is approaching the 0.017 area, which looks like the next key support and it’s close to breaking.
If that level flips into resistance, I’ll be watching for a pullback to that zone for a possible entry.
For now, structure is still bearish. I’ll wait for confirmation instead of rushing in.
