🔻 $JASMY /USDT – Bears Taking Over After Overstretch! ⚠️📉
$JASMY pumped hard to $0.01784 but is now flashing clear signs of fatigue. With the price slipping from highs and forming lower highs on the 30M chart, red candles are stacking up—indicating a potential short-term correction. Currently trading at $0.01690 (+10.31%), sellers are eyeing the next leg down.
📉 Short Trade Setup:
• Entry Zone: $0.01680 – $0.01705
• 🎯 Target 1 (TP1): $0.01640
• 🎯 Target 2 (TP2): $0.01598
• ❌ Stop Loss (SL): $0.01790
⚙️ Technical View:
Momentum is fading fast after the spike. Price is rejecting local highs with bearish structure forming. Volume is also cooling—classic short setup territory.
🛡 Risk Note:
SL above the $0.01784 high protects against a false breakdown. Maintain strict risk control in volatile moves.
🔄 Strategy Breakdown:
This trade targets the exhaustion phase of a parabolic move. The entry is positioned near the breakdown zone, with targets aligned to key support levels from earlier consolidation.
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