📈 Long $ZAMA – Trade Thesis
Entry: Market
Stop Loss: $0.38
Take Profit: $0.85
Despite circulating FUD around a rumored Binance presale price near $0.025, current price action tells a different story.
$ZAMA MA is trading around $0.05, and notably, price is holding firm on the H1 timeframe, showing consistent bid-side support. Typically, news like this triggers aggressive short positioning—but in this case, sellers are failing to gain control.
Market behavior suggests a consensus expectation that $ZAMA s TGE valuation will remain at or above $0.05. As long as price continues to defend this zone, dips below it present asymmetric risk-to-reward opportunities for patient long positions.
Key Insight:
When FUD fails to break structure, it often becomes fuel for continuation.
Bias: Bullish while above key intraday support
Invalidation: Clear H1 breakdown and acceptance below support
