$ZAMA Short Liquidation Update
Short positions worth $1.0048K were liquidated at $0.1029, signaling renewed buy-side pressure and forcing sellers to cover.
Market Structure
Price is holding above the liquidation zone, showing acceptance at higher levels. This shift supports a bullish breakout continuation if momentum remains intact.
Key Levels
Support: $0.1020 – $0.0985
Resistance: $0.1085 → $0.1150
Bullish Trade Setup
Entry: Break and hold above $0.1085, or a controlled pullback holding above $0.1020
Targets:
TP1: $0.1150
TP2: $0.1235
Stop Loss: Below $0.0968
Market Sentiment
The short squeeze shifted short-term control to buyers. With sellers cleared and structure holding, pullbacks are likely to be absorbed rather than sold.
Bullish bias remains active while price holds support and volume confirms continuation.
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