JASMY Falling Channel Breakout

12 apr

JASMYUSDT just broke out of its falling channel, with strong volume despite it being a weekend move, and is attempting to reclaim the previous support zone around $0.016.

Observations
• Second clear breakout from a descending structure in the last year.
• Good volume spike backing the move — first meaningful demand since the December peak.
• Attempt to reclaim the $0.016 support zone, which had acted as a base throughout 2024.

Key levels
• A daily close above the resistance would confirm the breakout.
• Holding above ~$0.016 would be an even stronger bullish sign.
• Next major resistance at $0.041-$0.045 from the previous supply zone.
• Watch the 1-year EMA above $0.021 as a potential shorter-term resistance.

If momentum continues, this could be the start of a larger trend reversal, with $0.041 as the first upside target.

14 apr

Trade attivo

Breakout confirmed, and retest is in.
Further confirmation would be continuation outside of the demand zone, above $0.018, while invalidation would be a break back below resistance.