JASMY has indeed performed aggressively recently, with a single-day increase of 26%. But from a technical indicator perspective, this rally may have already been overextended. The RSI surged to 95, and the stochastic indicator J value even broke through 115, all pointing to a seriously overbought condition. The price repeatedly tested the previous high at 0.00895 but was unable to stabilize effectively, indicating significant resistance above.
From the market maker's perspective, such a rapid rise can be traced—quickly pushing up the price to attract followers, then taking profits at the high. If you're still chasing the high now, you might be catching the last move.
The technical signals are clear: there is considerable short-term downside pressure. The key resistance level is stuck at 0.00895. If it breaks below this, the next target could gradually move toward 0.0075 or even 0.0068. This means more than half of the previous gains could be retraced. Stop-loss can be set above 0.0091; once it falls below the previous high, it's time to exit promptly.
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FUD_Whisperer
· 01-09 02:51
A typical market maker tactic: RSI is already at 95, yet they still dare to chase. What else could they be if not gamblers?
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GoldDiggerDuck
· 01-06 12:50
Another routine to wipe out retail investors, RSI is already overbought, and you're still chasing?
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A 26% surge in one day, you must be really clueless to take the bait
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If it can't hold above 0.00895, you should run; don't wait to be washed out
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The market maker's rhythm is so obvious, and some people still can't see it
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I'll consider buying again if it drops to 0.0068, but now I won't even touch it
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Overbought is so serious, yet some still shout buy; probably just trying to pump their own holdings
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Stop loss at 0.0091, if you were going to sell, you should have sold early; what are you still thinking about?
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A 26% increase completed in one day, and it can fall just as fast; this is the sickle
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Honestly, the rhythm of JASMY this time is too unhealthy; it feels like a correction is coming
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Those chasing the high are just waiting for the moment to cut losses; can you be a little more rational?
RSI95, J value 115... This wave really can't hold anymore, waiting to dump the market
Brothers chasing highs, be careful, don't become the last bagholder
If 0.00895 can't be broken, you need to run; this is no joke
The market maker has been playing this trick for so many years, and some people still fall for it
It feels like it will drop back to 0.0075, and then another round of halving
I've seen this overbought condition too many times; a crash is coming
JASMY has indeed performed aggressively recently, with a single-day increase of 26%. But from a technical indicator perspective, this rally may have already been overextended. The RSI surged to 95, and the stochastic indicator J value even broke through 115, all pointing to a seriously overbought condition. The price repeatedly tested the previous high at 0.00895 but was unable to stabilize effectively, indicating significant resistance above.
From the market maker's perspective, such a rapid rise can be traced—quickly pushing up the price to attract followers, then taking profits at the high. If you're still chasing the high now, you might be catching the last move.
The technical signals are clear: there is considerable short-term downside pressure. The key resistance level is stuck at 0.00895. If it breaks below this, the next target could gradually move toward 0.0075 or even 0.0068. This means more than half of the previous gains could be retraced. Stop-loss can be set above 0.0091; once it falls below the previous high, it's time to exit promptly.