$ZAMA IS REJECTING A KEY RESISTANCE ZONE – SHORT BIAS NOW ACTIVE 🔥
Entry: 0.0330 🔥
Target: 0.0322 🚀
Stop Loss: 0.0338 ⚠️
$ZAMA has rallied into a well-defined resistance area where sellers have already begun to absorb the buying pressure. The structure shows a clear break of market structure to the upside, but the current candle is failing to close above the zone — a textbook rejection setup.
Volume on the 1H is declining as price touches resistance, suggesting momentum is fading. If this level holds, a move toward the first target at 0.0322 is highly probable, with further room to 0.0314.
Do you see this as a shortable high or a breakout in the making?
Not financial advice. Always manage your risk.
#ZAMA #ShortSetup #ResistanceRejection #PullbackTrade
🔥
Entry: 0.0330 🔥
Target: 0.0322 🚀
Stop Loss: 0.0338 ⚠️
$ZAMA has rallied into a well-defined resistance area where sellers have already begun to absorb the buying pressure. The structure shows a clear break of market structure to the upside, but the current candle is failing to close above the zone — a textbook rejection setup.
Volume on the 1H is declining as price touches resistance, suggesting momentum is fading. If this level holds, a move toward the first target at 0.0322 is highly probable, with further room to 0.0314.
Do you see this as a shortable high or a breakout in the making?
Not financial advice. Always manage your risk.
#ZAMA #ShortSetup #ResistanceRejection #PullbackTrade
🔥