#JASMY : Bullish trends are coming ⁉️
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The cryptocurrency is consolidating between $0.0225 and $0.0255, awaiting a breakout to confirm the direction. The current situation appears bearish, but there are signs of bullish momentum. For JASMY to turn bullish, it needs to break above $0.0255, ideally reaching $0.028. The trend is currently downward, making a bearish breakout more likely. Bitcoin is showing momentum, which could positively affect JASMY, as historically, JASMY has followed Bitcoin's movements. JASMY gained momentum yesterday, but it has partially waned due to market fluctuations. The CVOL and open interest indicate mixed momentum, with both long and short positions being opened. While a bullish breakout is possible, the mixed momentum makes it less likely. A bearish breakout is more probable given the current trend and Bitcoin's situation. In the short term, consolidation and stability in the current price area are more likely. A breakout may occur if Bitcoin starts moving significantly or if JASMY gains more momentum.
