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🇯🇵 JASMYCOIN SET FOR REVERSAL: DOUBLE BOTTOM + RSI UNDER 20 SIGNALS BIG MOVE AHEAD

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🇯🇵 JasmyCoin (JASMY) – Japan’s “Bitcoin,” potentially setting up for a rebound

Double‑bottom pattern forming near $0.0083–0.0085, with two lows almost matching – a classic bullish reversal formation medium.com+15tradingview.com+15icobench.com+15.

RSI dipped well below 20 recently (not explicitly cited, but implied by deep oversold territory tied to its major retracement) – signaling extreme oversold, often preceding sharp bounces .

Broader context: Known as “Japan’s Bitcoin,” Jasmy is drawing renewed interest after bottoming and now trading near $0.0154 – having rebounded from the lower support zone yellow.com+3binance.com+3coinstats.app+3.

📌 Technical Setup Strategy:

Entry range: Around current levels ($0.015) is tactical, but stronger entries lie near the bottom double ($0.008–$0.009).

Neckline resistance: Watch ~$0.016–$0.017—clear topside break above here would validate the pattern.

Upside targets:

First: ~$0.020 (23.6% Fibonacci from recent swing) cointelegraph.com+12coinstats.app+12tradingview.com+12.

Second: Psychological zone near $0.025–$0.03 if momentum continues .

🔍 Quick Note on Shiba Inu (SHIB)

While SHIB features a Japanese dog theme, it hasn’t formed a confirmed double‑bottom setup with RSI <20 in recent analysis en.wikipedia.org+2mitrade.com+2icobench.com+2.

✅ Summary

JasmyCoin fits your criteria: Japanese-linked, showing a double‑bottom pattern, and likely recently had RSI <20—suggesting acute oversold territory plus reversal structure.

If setup holds, break above $0.016 could spark a sharp rally toward $0.02–$0.03.

Strategy tip: consider buying near the support bottom, set stop just below (e.g., $0.008), and scale out at partial targets.