JASMY recovers 3-month losses – Why price reversal risk is rising
The post JASMY recovers 3-month losses – Why price reversal risk is rising appeared on BitcoinEthereumNews.com. JasmyCoin [JASMY] has remained one of the stronger-performing assets in the market, posting a moderate 10% gain at press time, as buying pressure continues to strengthen. The latest move carries broader significance because JASMY has now recovered every loss recorded since the 23rd of January, completing a recovery that took roughly three months. The development points to strengthening market confidence and reinforces the broader bullish structure forming around the asset. Still, despite the sustained rally, several indicators suggest the market may be approaching an important decision point. JASMY faces pressure at key supply zone The primary risk to JASMY’s ongoing rally comes from its current position within a major supply order block on the chart. A supply order block represents a region where concentrated sell orders typically emerge, often slowing momentum or triggering