$JASMY : The current market conditions are tough, with most cryptocurrencies experiencing a downturn. While I remain long-term bullish on JASMY, I am short-term bearish due to these market dynamics. JASMY is holding up better than many other cryptocurrencies, finding strong support at $0.025 and consolidating between $0.032 and $0.025—a bullish sign. However, the momentum is flat, and I expect a move down to $0.022 given the market’s overall bearishness. With a looming fear of recession and Bitcoin showing no signs of bullishness, there isn’t a strong narrative to support a bullish move in JASMY at this time. That said, JASMY has a history of short liquidation hunts, which could lead to a pump if the market circumstances or a narrative changes.
#ChinaCoin #Trading #Bitcoin $BTC