【$ZAMA Signal】1H Breakout and Retest, Negative Funding Rate Short Squeeze Play

$ZAMA The 1H timeframe is strongly oscillating above the EMA20 (0.0240), just completing a test and retest of the previous high at 0.0248. The 4H timeframe has stabilized above the EMA20 (0.0231), forming an upward continuation structure. The negative funding rate (-0.0207%) combined with rising prices indicates potential for a short squeeze. The order book depth shows buy orders significantly thicker than sell orders (depth imbalance -7.52%), indicating clear main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0248 - 0.0250 (Reason: 1H breakout above previous high followed by retest confirmation zone, EMA20_1H dynamic support )

🛑Stop Loss: 0.0242 (Reason: Break below the low of the previous 1H candle and EMA20_1H support )

🚀Target 1: 0.0260 (Reason: 1.618 Fibonacci extension of the previous wave (0.0248 to 0.0231) on the 4H timeframe )

🚀Target 2: 0.0272 (Reason: 0.382 retracement level resistance of the recent downtrend (0.0298 to 0.0181) on the daily chart )

🛡️Trading Management:

- Position suggestion: Light position (Reason: Hot Coin experiences high volatility, and the 4H timeframe has not fully broken above the downtrend line )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price 0.0250. Hold remaining position for Target 2. If the 1H candle closes below the trailing stop, exit all.

Depth logic: Over the past 4 hours, price has risen with stable open interest (OI), indicating not just short covering but new long funds entering. The 1H RSI (64.86) is in a strong zone but not overbought, leaving room for further upward movement. Key support is at 0.0242-0.0245, where buy orders are accumulated.

View real-time market 👇 $ZAMA

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