First Support Zone: Around 0.04888Hello.
Nice to meet you, fellow traders.
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I hope you have a successful trade today.
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ZAMA is a project that applies Fully Homomorphic Encryption (FHE) technology to blockchain.
The core of FHE is that smart contracts can perform computations even without decrypting the data.
In other words, it allows for the processing of necessary calculations and verifications on-chain without disclosing the original source of sensitive data.
Due to these technical features, ZAMA is highly regarded for its potential in the following fields.
✓ DeFi requiring privacy
✓ Financial services for institutional investors
✓ RWA (Real-world Asset Tokenization)
✓ Private Stablecoins
✓ Sealed Bid Auctions
✓ AI-based On-chain Data Processing
✓ Protection of confidential data in on-chain finance
While existing privacy coins have focused on protecting transaction history or wallet information, ZAMA aims to be a next-generation privacy infrastructure that enables the utilization of encrypted data itself within smart contracts.
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The ZAMA token is a new token that has not been listed for long.
Therefore, the reliability of the support and resistance levels currently formed on the chart may be relatively low as sufficient trading history has not yet accumulated.
Since liquidity and volatility of newly listed coins can fluctuate rapidly, you must set your stop-loss criteria and position size in advance when entering a trade.
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ZAMA is showing a corrective trend after forming a short-term high zone
0.05693 ~ 0.06064.
If the downtrend continues in the current zone, we need to check whether buying pressure flows in at the next support zone.
① 1st Support Zone: Around 0.04888
② 2nd Support Zone: 0.03609 ~ 0.03752
③ 3rd Key Support Zone: 0.02629 ~ 0.02929
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In the current short-term trend, the first price to check is 0.04888.
If buying pressure flows in and the price shows signs of being supported around 0.04888, there is a possibility that the short-term correction will end and an upward wave will continue.
Therefore, the key point to watch on the current chart is:
“Can it be supported and rebound around 0.04888?”
However, if it breaks below 0.04888, the reaction of the Fibonacci retracement zones must be checked.
■ Key Fibonacci Zones
* 0.618 Zone: Around 0.04593
* 0.5 Zone: Around 0.04304
After the price touches these zones You must verify whether it recovers quickly and whether a rebound accompanied by trading volume occurs.
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The 0.03609 ~ 0.03752 range is the price level where the previous high was formed.
ZAMA formed a new high zone after breaking above this range.
Therefore, if a correction follows, you must verify whether this zone transitions from existing resistance to new support.
Resistance Breakout → Formation of Pullback → Support Transition
If this structure is completed, it can be judged that the uptrend is being maintained.
If the price remains stable above the 0.03609 ~ 0.03752 range, there is a possibility that a mid-term upward wave is still valid. It is high.
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A major supply zone has formed around 0.02629 based on the Volume Profile.
Therefore,
the 0.02629 ~ 0.02929 range can be viewed as a key support zone where
strong buying pressure is likely to flow in.
In this zone, the following conditions must be checked together:
✓ Whether trading volume is increasing
✓ Whether a long bullish candle or a candle with a lower wick appears
✓ Whether a bottom indicator is forming
✓ Whether there is a bullish divergence in auxiliary indicators
✓ Whether selling pressure is decreasing
However, if the price falls below 0.02629 and fails to recover, the likelihood of the existing support zone turning into a resistance zone increases.
Therefore, if it clearly breaks below 0.02629, aggressive It is advisable to stop trading and observe the market until a new bottom structure forms.
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Aggressive traders may consider a short-term entry after confirming support around 0.04888.
However, trading in this zone is best approached from a short-term or day trading perspective rather than a medium-to-long-term position.
Because newly listed coins are highly volatile, they may recover rapidly after temporarily breaking out of a support zone, or conversely, drop quickly after appearing to hold support.
Therefore, rather than entering a trade simply because the price has reached a support zone, you must also verify the following conditions:
✓ Candle reaction at the support zone
✓ Increase in trading volume
✓ Activation of the DOM (-60) indicator
✓ Position of the HA-Low indicator
✓ Bottom signal from auxiliary indicators
✓ Breakout of the short-term trend line Status
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Currently, the HA-Low indicator is
formed around 0.02115.
On the other hand, the DOM(-60) indicator has not yet been generated.
If the DOM(-60) indicator is newly generated during a further price decline, you must verify whether there is actual support at the price level where the indicator was formed.
Rather than buying immediately just because DOM(-60) has been generated, it is important to confirm the following movements:
Generation of DOM(-60)
→ Confirmation of support at that price level
→ Increase in trading volume
→ Breakout of short-term resistance
→ Review entry point
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In the current chart structure, HA-Low The area around 0.02115, where the indicator is formed, can be viewed as the main buying candidate zone.
Therefore, trading strategies can be categorized as follows:
■ Short-term Trading Zone
* Around 0.04888
* Around 0.04304 ~ 0.04593
* Around 0.03609 ~ 0.03752
* Around 0.02629 ~ 0.02929
■ Main Buy Candidate Zone
* Around 0.02115, where the HA-Low indicator is formed
At price levels outside the main buying zone, you can consider a strategy of securing profits through short-term trading or increasing your holdings by the amount corresponding to the profits.
However, short-term trading quantities and medium-to-long-term holding quantities must be managed separately. ...does.
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Once the main purchase is completed, you must record the final average purchase price separately.
If you do not record the average purchase price, it is difficult to accurately assess actual returns and risks when prices surge or plummet.
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■ Short-term High Zone: 0.05693 ~ 0.06064
■ 1st Support: Around 0.04888
■ Fibonacci Support: 0.04593 / 0.04304
■ 2nd Support: 0.03609 ~ 0.03752
■ 3rd Key Support: 0.02629 ~ 0.02929
■ HA-Low: Around 0.02115
■ Trend Revocation Observation Zone: Failure to recover after breaking below 0.02629
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The first price to check on the current ZAMA chart is 0.04888.
If it finds support near 0.04888 and rises, there is a possibility that a short-term upward wave will continue.
Conversely, if it breaks below 0.04888, we must check for a rebound at the Fibonacci levels around 0.04593 and 0.04304.
In the medium term, it is important whether the price maintains above the previous high zone of 0.03609 ~ 0.03752.
Additionally, the major volume profile The formed range of 0.02629 to 0.02929 is a strong candidate for support.
However, if it fails to recover quickly after falling below 0.02629, there is a possibility that the existing support will turn into resistance; therefore, you should temporarily suspend trading and observe the market until a new trend forms.
It is worth watching to see if privacy blockchains, which have faded from market attention for some time, can regain focus based on the new technology known as FHE.
If ZAMA expands real-world use cases in fields such as institutional finance, RWA, AI, and DeFi, there is a possibility that it could create a new trend in the privacy blockchain market.
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Thank you for reading to the end.
I wish you successful trading.
