$JASMY – SUPPLY ZONE REJECTION, BEARS BACK IN CONTROL
RETESTING BROKEN SUPPORT AS RESISTANCE. SELLERS REGAIN DOMINANCE.
$JASMY bounced briefly after hitting a key demand zone but is now facing rejection near the $0.01571 mark. Price action shows a classic bearish retest of prior support turned resistance. With the wick rejection and weak bullish follow-through, downside continuation is likely as momentum remains bearish.
SHORT ENTRY: $0.01552
STOP LOSS: $0.01571
TARGET: $0.01385
If the price fails to reclaim $0.01570, expect renewed selling pressure and a potential drop toward the next support at $0.01385.
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