📉 ZAMA Deep Dive: Why the "Privacy King" is Bleeding 🩸
"The $ZAMA launch hasn't been the moon mission many expected. Despite the world-class FHE tech, the price is in a strong downtrend, dropping over 18% since the opening bell. 📉
What’s happening behind the scenes?
1. Airdrop Pressure: Early participants from the Pre-TGE sale have a cost basis near $0.025. They are taking profits while liquidity is high. 💰
2. Broken Support: We saw a major rejection at the $0.043 level. Falling below the $0.05 public sale price has flipped the sentiment from 'Hype' to 'Fear.' 🛑
3. Seed Tag Volatility: As a 'Seed Tag' project, high volatility is expected, but the current volume is heavily skewed to the sell-side.
My Strategy: I am STAYING PATIENT. 🧘♂️ Trying to catch a falling knife on a new listing is a recipe for disaster. I am waiting for the price to establish a clear base and for the 15-minute RSI to exit the 'oversold' zone with a bullish divergence.
Watch Zones:
• Support: $0.025 - $0.030 (The 'effective' cost floor)
• Resistance: $0.045 (Needs to flip back to bullish)
Are you DCAing into the dip or waiting for the bottom? Let's talk strategy.
#StrategyBTCPurchase #USCryptoMarketStructureBill #BinanceBitcoinSAFUFund
