$JASMY Price Analysis & Next Ste)
Recent data shows that faced a long liquidation of $3.1348K at $0.03607. This indicates strong selling pressure at this level. Let’s analyze the current market situation and explore the next possible moves for traders:
Key Levels for $JASMY
1. Current Price: $0.03607 (or near this level)
2. Resistance Zones:
$0.0385 - $0.0400: Strong resistance; breaking above this zone will signal bullish momentum.
$0.0420: A critical level for upward movement.
3. Support Zones (Buy Zones):
$0.0330 - $0.0350: Ideal accumulation range for buyers.
If price drops below $0.0330, $0.0300 is the next major support level.
Trading Plan.
1. Buy Zone:
Accumulate between $0.0330 - $0.0350.
Place small portions in the range to avoid sudden market movements.
2. Targets:
Target 1: $0.0385
Target 2: $0.0420
Target 3 (Extended): $0.0450
3. Stop Loss:
$0.0325 (below strong support).
Market Sentiment.
Bullish Signs: If $JASMY holds above $0.0360 and pushes towards $0.0385, expect strong upward momentum.
Bearish Signs: A drop below $0.0325 could lead to further declines toward $0.0300 or lower.
Important Notes.
Keep an eye on Bitcoin’s movement as it heavily impacts altcoins like $JASMY.
Avoid high leverage to manage risks effectively.
This is not financial advice; always do your own research (DYOR).
Summary: The current dip in $JASMY offers a good entry point for long-term traders in the $0.0330 - $0.0350 zone. Targets range from $0.0385 to $0.0450, with a strict stop loss at $0.0325 to minimize losses.
Trade carefully and stay updated.
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