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.
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$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