$JASMY USDT TECHNICAL ANALYSIS
Support and resistance levels:
- Support: $0.0172
- Resistance: $0.0178
Long position: Enter near $0.0172 with a target of $0.0178. Stop loss should be placed slightly below $0.0170 to minimize downside risk.
Short position: Consider entering at resistance near $0.0178 if there is rejection, targeting $0.0172 as support. Stop loss should be placed above $0.0180 to account for potential breakout.
Market insights: JASMY is trading within a narrow range, suggesting potential consolidation. A breakout above $0.0178 may signal bullish momentum, targeting the next psychological level around $0.0182. Conversely, a drop below $0.0172 could trigger bearish pressure, with $0.0167 as the next significant support. The volume profile suggests low activity, so watch for any sudden spikes to confirm breakout or breakdown scenarios.