๐ $JASMY
JASMY/USDT Technical Analysis & Targets โ February 1, 2025 ๐
JasmyCoin (JASMY) has shown bullish momentum today, currently trading around $0.0332 (+4.09%). With increasing volume and a breakout attempt, let's analyze key levels and potential targets.
๐ Key Technical Levels:
Resistance: $0.0345 โ Breaking this could lead to further upside.
Support: $0.0305 โ Holding above this level maintains bullish sentiment.
Trend: JASMY is trading above the 50 EMA, indicating short-term strength.
๐ฏ Price Targets:
๐น Target 1: $0.0365 โ A breakout above resistance could test this level.
๐น Target 2: $0.0400 โ A psychological barrier and key Fibonacci level.
๐น Target 3: $0.0450 โ A major resistance zone from previous highs.
๐ Indicators:
โ RSI: Trending near 60, showing bullish momentum but not overbought.
โ MACD: Bullish crossover, suggesting a continuation of the upward trend.
โ Volume: Increasing, which confirms buying pressure.
๐ข Conclusion:
JASMY is showing strong price action, but a decisive breakout above $0.0345 is needed for further upside. A retracement to support $0.0305 is possible before the next leg up. Keep an eye on volume and market sentiment!
