$JASMY Signals Strong Bullish Momentum
In the short-term, the RSI at 82.3 indicates overbought conditions, while the MACD shows a positive trend with the MACD line above the signal line. The Bollinger Bands are widening, suggesting increased volatility, and the Stochastic Oscillator is high but showing a slight bearish divergence.
For bearish outlook, a potential entry point for a short position could be around $0.01921 with a stop-loss at $0.01930 and an exit target at $0.01887.
Conversely, for a long position, consider entering at $0.01921, setting a stop-loss at $0.01907, and targeting $0.01930.
Moving to the hourly chart, the RSI at 73.2 is still in bullish territory, and the MACD remains positive. The Stochastic Oscillator is high but showing a bearish divergence.
Look to enter a short position around $0.01921, with a stop-loss at $0.01935 and an exit target at $0.01850.
For a long position, consider entering at $0.01921, setting a stop-loss at $0.01907, and targeting $0.01970.
On the daily chart, the RSI at 43.96indicates room for further upside, and the MACD shows a positive trend. The Stochastic Oscillator is in oversold territory, suggesting a potential reversal.
For spot trading, a long position entry around $0.01921 with a stop-loss at $0.01804 and an exit target at $0.02011 could be considered. Conversely, for a short position, consider entering at $0.01921, setting a stop-loss at $0.01965, and targeting $0.01804.
Key support levels at $0.01807 and resistance levels at $0.01930 for potential breakout or breakdown confirmation before executing trades.
**Note: All indicator readings are as per the time of this analysis. Exercise caution and do thorough research before making trading decisions.
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