JASMY/USDT Technical Analysis & Trade Signal

Current Price: 0.03868 USDT

Price Change (24h): +30.90%

24h High: 0.04265 USDT

24h Low: 0.02899 USDT

Technical Indicators:

SAR (Parabolic Stop and Reverse): 0.03548 (suggesting an upward trend).

Momentum: Positive momentum with an ongoing price surge, supported by a 30.90% increase.

Support Level: 0.03400 USDT (near SAR).

Resistance Level: 0.04200 USDT (approaching 24h high).

Trade Signal: Buy

Given the positive momentum and recent price surge, the trend is bullish. Watch for entry near the support level around 0.03500 USDT for favorable risk-to-reward setups.

Target Levels:

Target 1: 0.04000 USDT (Immediate resistance).

Target 2: 0.04200 USDT (24h High/Key resistance).

Target 3: 0.04500 USDT (Extended upside potential).

Trade Momentum:

The current bullish momentum is supported by an increasing trading volume and strong price movement. Stay vigilant for any reversal signals, especially near the resistance zone.

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$JASMY