JasmyCoin rallies 15% despite lurking bears: Can JASMY’s strength hold?

Key Points

1. JASMY's price surged 15% in 24 hours and 62% monthly, reflecting bullish sentiment despite mixed market signals.

2. Nine out of 15 exchanges showed higher selling volume than buying, indicating bearish pressure.

3. $8.42 million in new capital flowed into JASMY’s derivatives market, with a 14% increase in Open Interest.

4. Derivatives data shows 48% long contracts vs. 52% short, suggesting possible short-term pullback risks.

5. Funding Rate remains positive at 0.0131%, indicating lingering bullish sentiment in derivatives markets.