๐ป๐ ๐ฆ๐๐๐ ๐๐๐ฃ๐๐๐๐: ๐.๐% ๐ป๐ฃ๐ ๐ก + ๐๐ก.๐๐ฉ ๐๐ ๐๐ฆ๐๐ ๐ ๐ $JASMY
$JASMY is showing strong bearish pressure after a sharp 6.0% decline backed by a massive 19.2x volume spike. Further downside remains likely, but a short-term relief bounce could happen first.
The key short-entry zone is 0.00404โ0.00425. Avoid chasing the dump at the lows. Instead, wait for a retest and bearish confirmation such as rejection wicks, bearish engulfing candles, or failure to hold above resistance.
A potential setup: if price rebounds into 0.00411โ0.00420 and prints a strong bearish rejection on the 15m timeframe, a short could target 0.00396 and then 0.00387. Stop-loss can be placed above the rejection swing high or 0.00432.
If $JASMY reclaims and holds 0.00425 with strong volume, the bearish setup becomes invalid and a squeeze toward 0.00432+ could follow.
Stay patient, wait for confirmation, and avoid blindly shorting near 0.00387, where a temporary bounce or short squeeze may develop.
#JASMY #CryptoTrading #Altcoins #TechnicalAnalysis #Binance
$JASMY is showing strong bearish pressure after a sharp 6.0% decline backed by a massive 19.2x volume spike. Further downside remains likely, but a short-term relief bounce could happen first.
The key short-entry zone is 0.00404โ0.00425. Avoid chasing the dump at the lows. Instead, wait for a retest and bearish confirmation such as rejection wicks, bearish engulfing candles, or failure to hold above resistance.
A potential setup: if price rebounds into 0.00411โ0.00420 and prints a strong bearish rejection on the 15m timeframe, a short could target 0.00396 and then 0.00387. Stop-loss can be placed above the rejection swing high or 0.00432.
If $JASMY reclaims and holds 0.00425 with strong volume, the bearish setup becomes invalid and a squeeze toward 0.00432+ could follow.
Stay patient, wait for confirmation, and avoid blindly shorting near 0.00387, where a temporary bounce or short squeeze may develop.
#JASMY #CryptoTrading #Altcoins #TechnicalAnalysis #Binance