MyCryptoParadise_Nathan

JASMYUSDT: Critical Pullback Alert

BINANCE:JASMYUSDT   JASMY / TetherUS
Yello, Paradisers! Have you been tracking JASMYUSDT? If not, you might want to pay close attention. The market is showing signs of a significant pullback, and we’re about to test some crucial support zones.

💎JASMYUSDT is nearing a vital support zone that aligns with a supportive trendline. This zone is crucial for maintaining bullish momentum.

💎Below the upcoming support zone, there are two Fair Value Gaps (FVGs) that could serve as the next inner range liquidity areas. These gaps are areas where the price could potentially stabilize and gather momentum for a move.

💎For strong confirmation, we need to see the price move below both the support zone and supportive trendline. This movement would indicate a potential liquidity grab, setting the stage for a possible reversal.

💎Once the price dips below the support zone and supportive trendline, we need to wait for an Inernal Change of Character (I CHoCH) towards the bullish side. This would increase the probability of a bullish move.

💎If the price doesn’t show any bullish confirmation and continues to fall, we should then look towards the zone of Demand + Bullish Order Block (OB) level. Here, we would again wait for an I CHoCH for confirmation and an increased probability of a bullish move.

💎However, if there’s a breakdown of the Demand + Bullish OB level, this would invalidate our current bullish idea.

Stay sharp and keep your eyes on the charts, Paradisers. Discipline and patience will be your best allies in navigating this market.

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