JASMY had a rollercoaster ride today. Intraday, the token lost almost 15% before reversing sharply. At the time of writing, JASMY is down "only" 3%.
More importantly, JASMY bounced back to its crucial support level. Although the market is currently heavily driven by external factors and less by a token's chart, it would be important to close the weekly candle at or above this level.
Otherwise, the selling pressure could increase even more when Bitcoin starts the week with another sell-off.
Additionally, IF this were the bottom, JASMY would have been able to make a higher low compared to early July, which would be the first bullish sign of a reversal.
More importantly, JASMY bounced back to its crucial support level. Although the market is currently heavily driven by external factors and less by a token's chart, it would be important to close the weekly candle at or above this level.
Otherwise, the selling pressure could increase even more when Bitcoin starts the week with another sell-off.
Additionally, IF this were the bottom, JASMY would have been able to make a higher low compared to early July, which would be the first bullish sign of a reversal.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.