ZAMA token surged 17.55% in 24 hours, extending a technical breakout that began after successfully retesting an ascending channel resistance level at $0.074 as support. The network’s TVL reached a new all-time high of $99 million, signaling growing ecosystem adoption and investor confidence. Open Interest spiked 29% to $38.71 million while both spot and futures trading volumes surged over 140%, indicating broad-based market participation. The next major technical target for bulls stands around the $0.108 swing high, though short-term profit-taking could occur given slight short dominance with a long/short ratio at 0.94.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
