JASMY/USDT Market Analysis – April 30, 2025
JasmyCoin ($JASMY) has shown strength in April, pushing up to a key resistance zone between 1.85 – 1.90 cents, with some traders extending that to 2.00 cents (psychological level). However, the recent move shows bearish divergence in indicators like RSI, volume, and open interest, suggesting weakening momentum.
Current Structure:
Strong rejection at 1.90 zone.
No bullish fundamentals currently backing a breakout.
Momentum decreasing.
Key Levels to Watch:
Short Setup:
Entry: 1.84 – 1.86
Target 1: 1.50
Target 2: 1.45
Target 3 (extended): 1.33
Stop Loss: 1.92 (above recent wick & resistance zone)
Risk Level: Medium to High
Leverage: 5x–10x (Cross or Isolated based on risk appetite)
Bullish Breakout Scenario (Low Probability For Now):
If Jasmy reclaims 1.90–2.00 and sustains above:
Target 1: 2.25
Target 2: 2.40 – 2.50 (30% potential move)
Conclusion: Currently, the bearish scenario is more likely unless a fundamental catalyst (like news from Japan or BTC rally) changes the market dynamics. Watching for a move towards 1.45–1.50 support zone before considering new longs.
#Jasmyusdt⚠️⚠️ #MarketAnalysis #CryptoNews #MarketUpdate #trading