JASMY's recent trend may be dominated by large holders. From the key level of 0.010195, every time it approaches this point, a rapid pullback occurs. Signs of testing are very obvious, especially the 0.009485 level, which is clearly testing the support below.
From the market performance, it is currently in a frustrating range-bound consolidation. It encounters obvious resistance during upward moves, and there is some support during pullbacks—this rhythm is very unfriendly to short-term bulls. Market participants should note that the current price action is more about accumulation rather than a breakout signal.
Many smart money have already chosen to wait and see. If you want to participate in this asset, you need to wait for a genuine trend confirmation rather than chasing after highs. The top of the range is under obvious pressure, and rushing to buy before a breakout could face significant risks. The current strategy should be to wait patiently rather than be driven by fluctuations within the range.
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GasWaster
· 01-11 16:51
The big players are playing tricks; this game is really frustrating to watch.
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OnchainFortuneTeller
· 01-11 16:49
It's so frustrating, this kind of range consolidation is the most torturous, watching the data fluctuate one after another.
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AirdropAutomaton
· 01-11 16:37
Whales manipulating isn't the issue; the real question is when we can truly break through...
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StakoorNeverSleeps
· 01-11 16:25
The big players' game of testing the market, I'm already tired of it. Wait for a breakdown, chasing highs really is like giving away money.
JASMY's recent trend may be dominated by large holders. From the key level of 0.010195, every time it approaches this point, a rapid pullback occurs. Signs of testing are very obvious, especially the 0.009485 level, which is clearly testing the support below.
From the market performance, it is currently in a frustrating range-bound consolidation. It encounters obvious resistance during upward moves, and there is some support during pullbacks—this rhythm is very unfriendly to short-term bulls. Market participants should note that the current price action is more about accumulation rather than a breakout signal.
Many smart money have already chosen to wait and see. If you want to participate in this asset, you need to wait for a genuine trend confirmation rather than chasing after highs. The top of the range is under obvious pressure, and rushing to buy before a breakout could face significant risks. The current strategy should be to wait patiently rather than be driven by fluctuations within the range.