Yello Paradisers! #JASMYUSDT is making some interesting moves after its breakout from a descending channel. Let's analyze #JASMY and find out what's next:
đź’Ž#JASMYUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating within this channel for a considerable period, #JasmyCoin has successfully breached it and is now coming to retest its upper boundary.
đź’ŽThe key resistance level at $0.0228 has now flipped into crucial support. This level is pivotal as it has been respected multiple times in the past. If #JASMYUSDT can maintain its momentum above $0.0228, there's a strong possibility of a sharp upward move.
đź’ŽHowever, the scenario changes drastically if the price falls below the $0.0228 support level. In this case, the focus shifts to the next support zone at $0.019 - $0.0205, where a bullish rebound could potentially occur.
đź’ŽWhile it might be tempting for some to short at this point, it's crucial to maintain a broader perspective and wait for confirmation from price action. A break below the $0.0192 support will likely trigger a significant downward move, leading to further price decline.
Be smart, Paradisers! The market rewards those who are prepared and stay focused on their long-term goals.
MyCryptoParadise
iFeel the success🌴
đź’Ž#JASMYUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating within this channel for a considerable period, #JasmyCoin has successfully breached it and is now coming to retest its upper boundary.
đź’ŽThe key resistance level at $0.0228 has now flipped into crucial support. This level is pivotal as it has been respected multiple times in the past. If #JASMYUSDT can maintain its momentum above $0.0228, there's a strong possibility of a sharp upward move.
đź’ŽHowever, the scenario changes drastically if the price falls below the $0.0228 support level. In this case, the focus shifts to the next support zone at $0.019 - $0.0205, where a bullish rebound could potentially occur.
đź’ŽWhile it might be tempting for some to short at this point, it's crucial to maintain a broader perspective and wait for confirmation from price action. A break below the $0.0192 support will likely trigger a significant downward move, leading to further price decline.
Be smart, Paradisers! The market rewards those who are prepared and stay focused on their long-term goals.
MyCryptoParadise
iFeel the success🌴
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Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.