Although the price paused at the key support level, the buying momentum for the rebound seems hesitant and lacks strength. The shrinking trading volume indicates low participation, and sellers could take control of the market at any time. This lack of support during the rebound is often a continuation signal of a downtrend; once supply exceeds demand again, the price is likely to continue falling.
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$ZAMA The rebound at the key support level appears weak, and sellers may be preparing to strike again.
Go short now $ZAMA
Entry: 0.0191 – 0.0195
Stop Loss: 0.0202
Target 1: 0.01794
Target 2: 0.01750
Target 3: 0.01700
Although the price paused at the key support level, the buying momentum for the rebound seems hesitant and lacks strength. The shrinking trading volume indicates low participation, and sellers could take control of the market at any time. This lack of support during the rebound is often a continuation signal of a downtrend; once supply exceeds demand again, the price is likely to continue falling.
Trade $ZAMA here 👇