JASMY's recent market movement has been quite interesting. From $0.007026 straight up to $0.010123, a seven-day increase of over 58%, the momentum is really strong. But such rapid rises are often accompanied by profit-taking pressure, so after pulling back to $0.009190, the price started to stabilize, which is actually a normal rhythm.
What do we think of the current situation? The 24-hour trading volume exceeds 395 million USDT, with a trading volume of 43.14 billion. This level of trading activity indicates that market enthusiasm is still there and hasn't diminished due to the correction. Usually, such pullbacks are just a shakeout during an upward trend—shedding some weak-handed chips.
**If you're trading, remember these key levels:**
Don't rush to chase the high in the short term. Instead of averaging down by rushing in, wait for the pullback to the $0.008800 to $0.009000 zone, which is a more reasonable small-position entry point. Entering near the recent key support levels will give you a more solid mindset.
For target levels, there are two stages: first watch $0.009500, and if it breaks through smoothly, aim for $0.010000. If all resistance above is broken, the previous high of $0.010200 could even be revisited.
Set your stop-loss at $0.008500. The importance of this level cannot be ignored. If it falls below, the short-term stabilization pattern is likely to break, and subsequent risks will increase.
Looking at the 30-day 36.03% increase, JASMY's medium-term bullish trend is indeed very strong, not just a fleeting rebound. As long as it stays above $0.008500, there's no reason to be pessimistic. For those shorting, there's actually no need to get involved now—after a big rally, a pullback to support coins carries extremely high risk. For the longs, don't rush; be patient and wait for a pullback opportunity. Buying low will give you a better advantage when the next surge happens.
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NFTRegretful
· 01-10 08:38
A 58% increase to shake out the weak hands, I just smile and stay silent.
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rugdoc.eth
· 01-10 05:43
Wait, can 0.008500 really hold? I think this shakeout is a bit fierce.
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ImpermanentLossFan
· 01-09 23:23
58 points directly pulled up, this shakeout is quite intense, feels like it needs to fluctuate for a while longer.
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TerraNeverForget
· 01-07 09:56
Accumulating and shaking out, it's all about shaking out. I'm tired of hearing this explanation over and over again.
The 0.0085 level is indeed critical; if it breaks below, it's really over.
View OriginalReply0
BlockchainNewbie
· 01-07 09:55
0.0085 cannot really be broken, if broken, you have to admit defeat.
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UncleLiquidation
· 01-07 09:54
It's the same washout routine again, I've seen it too many times.
Waiting to buy the dip at 0.0088, gambler's mentality.
A 36% increase in 30 days is indeed solid, but can the 8500 level really hold?
I think those chasing the high will all lose, the safest is to buy early and sell early.
This trading volume seems fake, it doesn't seem to match up.
View OriginalReply0
MetaMasked
· 01-07 09:54
I need to hold at the 0.008800-0.009000 level; the group chasing the high will probably get trapped.
View OriginalReply0
WhaleWatcher
· 01-07 09:51
JASMY's recent shakeout is quite intense, but the trading volume is so strong that it indicates there are still people buying in. I just want to see if it can return to 0.0088 so I can get in again; otherwise, I feel like chasing higher might easily get me trapped.
View OriginalReply0
DaoGovernanceOfficer
· 01-07 09:39
ngl the volume data here is empirically speaking pretty compelling... but where's the on-chain governance breakdown? like are these bot trades or actual protocol participants accumulating? 🤓
Reply0
FastLeaver
· 01-07 09:38
Wait a minute, this shakeout is a bit intense. Do I feel like it might drop straight down to 8500?
JASMY's recent market movement has been quite interesting. From $0.007026 straight up to $0.010123, a seven-day increase of over 58%, the momentum is really strong. But such rapid rises are often accompanied by profit-taking pressure, so after pulling back to $0.009190, the price started to stabilize, which is actually a normal rhythm.
What do we think of the current situation? The 24-hour trading volume exceeds 395 million USDT, with a trading volume of 43.14 billion. This level of trading activity indicates that market enthusiasm is still there and hasn't diminished due to the correction. Usually, such pullbacks are just a shakeout during an upward trend—shedding some weak-handed chips.
**If you're trading, remember these key levels:**
Don't rush to chase the high in the short term. Instead of averaging down by rushing in, wait for the pullback to the $0.008800 to $0.009000 zone, which is a more reasonable small-position entry point. Entering near the recent key support levels will give you a more solid mindset.
For target levels, there are two stages: first watch $0.009500, and if it breaks through smoothly, aim for $0.010000. If all resistance above is broken, the previous high of $0.010200 could even be revisited.
Set your stop-loss at $0.008500. The importance of this level cannot be ignored. If it falls below, the short-term stabilization pattern is likely to break, and subsequent risks will increase.
Looking at the 30-day 36.03% increase, JASMY's medium-term bullish trend is indeed very strong, not just a fleeting rebound. As long as it stays above $0.008500, there's no reason to be pessimistic. For those shorting, there's actually no need to get involved now—after a big rally, a pullback to support coins carries extremely high risk. For the longs, don't rush; be patient and wait for a pullback opportunity. Buying low will give you a better advantage when the next surge happens.