Jasmy is currently priced at 0.02684, and the trend seems to have begun to show positive upward momentum. Through the MACD indicator on the weekly chart, we can see signs of rising, which means that there may be strong upward momentum in the short term, especially after breaking the downward trend. This breakthrough is usually a signal that market sentiment has turned bullish, and the current support level is relatively solid near 0.021.
Support level:
The support level is around $0.0210, which is an important support area for the current price trend. If the price pulls back to this level and does not break through, it means that market sentiment is still optimistic and the support level will continue to provide a basis for the rise.
Resistance level:
The first resistance level is 0.0335. If it breaks through this level, it can further push the price up. The second important resistance level is 0.0420, which may be a key area for price increases. If it breaks through this resistance level, a larger increase may occur.
Short term: If JASMY can break through 0.0335 and continue to stand at this position, it may continue to rise and test the stronger resistance level near 0.0420.
Medium term: If it breaks through 0.0420, the price is expected to enter a higher range, and may even usher in a larger increase in a longer period.
Risk warning: It should be noted that although the upward momentum is strong, if the price falls below the 0.0210 support level, it may re-enter the downward trend.
