🚨
$JASMY Reversal in Play? 50% Bounce Setup Forming 👀🔥
After breaking down to $0.00448, $J
$JASMY st flipped the script.
What looked like continuation… now smells like a bear trap.
📊 The Setup
• Breakdown move flushed weak hands
• Strong reaction from the lows
• Momentum shifting on lower timeframes
• Structure attempting reclaim
If this reclaim holds, a 50% bounce becomes very realistic.
🎯 Upside Targets
First major zone: $0.00739
Extended momentum target: $0.00808
That’s the key resistance pocket.
Expect:
⚠️ Short-term rejection / consolidation there
🔥 Then potential continuation if volume expands
🧠 What Needs to Happen
For bulls to stay in control:
• Hold above the breakdown reclaim zone
• Maintain rising volume
• Avoid losing momentum near $0.006 area
Failure to hold structure = fake bounce risk.
💭 Market Context
Mid-cap alts are extremely reactive right now.
When liquidity rotates, moves can be violent.
JASMY history of explosive relief rallies — especially after aggressive downside flushes.
High risk. High beta. High volatility.
Are we looking at the start of a real reversal…
Or just a technical bounce before continuation?
Drop your bias below 👇
$JASMY #jasmy #mmszcryptominingcommunity #cryptotrading #Breakout #TechnicalAnalysis