$JASMY is sitting at $0.005390 and I am completely passing on it
Volume is dead at 0.3x the weekly average meaning nobody real is funding this move
Only $975.1K traded in twenty four hours makes this order book way too thin for safe exits
I only care if we get an hourly close and hold above $0.005600
Or if a drop down to $0.005330 prints a proper bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $JASMY here or waiting for $0.005330?
#JASMY #RiskManagement
Volume is dead at 0.3x the weekly average meaning nobody real is funding this move
Only $975.1K traded in twenty four hours makes this order book way too thin for safe exits
I only care if we get an hourly close and hold above $0.005600
Or if a drop down to $0.005330 prints a proper bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $JASMY here or waiting for $0.005330?
#JASMY #RiskManagement