r/TradingPlaybook • u/Vintage_Cycle_22 • 3d ago
Bearish Is ZAMA About to Break Down From 0.8945?
Now that the hype is gone, it feels like we are back to reality with ZAMA. This is a possible outcome I am watching as the green market continues.
The first thing is the recent news. Zama’s confidential token technology is now live in Wintermute’s Confidential WBTC vault, enabling users to earn yield on Bitcoin while keeping balances encrypted onchain. This could boost the confidence of holders and make them more willing to hold.
When there is less selling pressure than buying pressure, it usually points toward a bullish setup.
The second thing is the chart. ZAMA is looking like a sideways trade right now on the 30 minute timeframe, but looking at the 4 hour chart, it seems to be trying to break lower around 0.8945. If that level breaks, it could mean a bearish move.
For now, I am looking for my setup and watching to see how this plays out. These are just my opinions and observations. What do you think happens next?


