Yasay by 14 % drowns Sparks to sell – is this the end? This data says … star-news.press/wp

Main meals

Jasmy remained under severe negative pressure as it was circulated at the main resistance level. Despite the high purchase, the long qualifiers and the aggressive distribution of Jasmy symbols increased.

JASMYCOIN (JASMY) recorded one of the most severe declines in the market over the past 24 hours, losing 14 % after getting 22 % over the past month.

Market indicators have suggested that the Habbiyah feelings continued to build.

The long traders suffered from great losses, and the distribution of the distinctive symbol remained high. However, the purchase volume began to put a sign up, which raises the question: Can this renewed interest prevent deeper fall?

Yaski hits a big obstacle

The last decline was followed by the transfer of Jasmy to a major resistance area at $ 0.01900.

This level was previously a strong rejection zone, which led to a withdrawal. Although Jasmy has just started recovering, as it sees high high candles formations, the resistance that held a company.

Interestingly, the REECKING FIBONACCI tool has now shown that Jasmy has now entered a possible support zone of about $ 0.01714.

Source: TradingView

This level can serve as an incentive for apostasy if the demand is achieved. Failure to attract buyers in this support may lead to further decreases, which transforms the last buyers into bag holders.

Ambcrypto analysis indicates that derivative traders are placed for more negative aspect, putting instant buyers in a risk fraught position.

The risk level remains high, and sellers dominate

according to CoinglassTaker’s purchase/selling percentage indicates a continuous declining momentum.

At the time of the press, the Taker’s purchase/sale/sale rate was 0.88 – less than 1 – indicates that most of the derivative size is driven by sellers.

Source: Coinglass

This indicates that the emotional feelings continue to control, until they are reflected in the financing rates that tend towards short pants.

Filter data confirms this bias.

Over the past 24 hours, the total long filters across the main stock exchanges, including Binance and BYBIT, have reached $ 22,240, while short jobs worth $ 8,310 have been closed only.

This contrast clarifies the declining market position and enhances the possibility of increasing the negative side.

High distribution, but hope remains

Support the accumulation/distribution index (A/D) the declining expectations, as it remained deep in the negative lands at the time of writing this report.

With a negative reading of 43.86 billion billion in trading volume, the distribution continues to exceed accumulation.

Source: TradingView

However, there are early signs of a possible transformation. The A/D Line showed a slight rise, reflecting a slight rise in the flow of Chaikin (CMF).

When CMF goes up and remains in a positive area, it indicates the return of the purchase pressure.

This indicates that while Jasmy is trading near $ 0.01714 support, some accumulation occurs. If it continues, this may cause a short -term positive reaction.