Here is the short, direct analysis of $ZAMA
1. Why did it pump?
Binance Listing (Feb 2): The massive spike was caused by the token going live on Binance and OKX yesterday.
The "Seed Tag": Binance labeled it as a "Seed Tag" project, which attracts high-risk traders looking for 100x gains.
Hype: It raised $118M in an auction, so many people were waiting to buy it on day one.
2. Why is it dumping now?
"Sell the News": Early investors who bought at the auction price ($0.05) or in pre-markets are now dumping their tokens on new retail buyers to take profit.
Full Supply Unlock: Unlike many coins, ZAMA's initial circulating supply (2.2 Billion tokens) is mostly available, creating huge selling pressure.
Market Sentiment: It is currently trading at $0.0309, which is below its auction price ($0.05). This is a "Bearish" signal as the initial buyers are now in a loss and panicking.
3. Technical Verdict
RSI Check: Your chart shows RSI at 23.42 (Oversold). This means the "dump" is very aggressive, but a small "relief bounce" back to $0.035–$0.04 is possible soon.
Resistance: $0.042 is the major hurdle. Unless it breaks that, the trend stays down.
Bottom Line: This is a classic "Listing Volatility." Don't FOMO in. If you are holding, wait for an RSI recovery above 30 before making a move.
