JASMY hits major hurdle The latest decline follow

JASMY hits major hurdle

The latest decline followed JASMY’s move into a key resistance zone at $0.01900.

This level previously acted as a strong rejection zone, triggering pullbacks. Although the JASMY had just begun recovering, as seen by its higher high candle formations, the resistance held firm.

This level could serve as a catalyst for a rebound if demand materializes. A failure to attract buyers at this support could lead to further declines, turning hopeful buyers into bag holders.

AMBCrypto’s analysis indicates that derivative traders are positioned for further downside, placing spot buyers in a risky position.