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JASMY Rally Stalls After Whale Profit-Taking: What Next?

Jasmycoin's (JASMY) rally has stalled after a surge in whale activity, which led to profit-taking near the local highs. Here's what you need to know:

Key Statistics:

- Whale transactions: 616% increase in transactions over $1 million
- Local high: $0.059
- Demand zones: $0.032 and $0.04
- Daily active addresses: Soared in November and December

Market Analysis:

JASMY's market structure remains bullish, with no divergence in the MFI yet. However, the high trading volume in December has receded during the pullback, and needs to pick up for the rally to continue. Whale activity suggests both profit-taking and accumulation around the $0.04 area.

Key Takeaways:

- JASMY's rally has stalled after whale profit-taking.
- The market structure remains bullish, but trading volume needs to pick up.
- Whale activity suggests both profit-taking and accumulation.
- A period of consolidation could follow before the next uptrend.