$JASMY
$JASMY /USDT Technical Analysis – December 2, 2024
🚀 Current Price: $0.03074 (+8.28%)
📈 Market Sentiment: Bullish Momentum
24H High: $0.03230
24H Low: $0.02766
7-Day MA: $0.03107
25-Day MA: $0.03030
99-Day MA: $0.02903
JASMY has shown a strong upward trend in recent days, breaking through resistance levels with significant 24-hour volume of 1.66B JASMY. It is now trading near $0.03074, above the 25-day MA, indicating continued bullish momentum.
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3 Target Levels to Watch:
1. 🎯 Target 1 - $0.0325
Why: Short-term resistance near the upper Bollinger Band. Breaking this level could confirm further bullish strength.
2. 🎯 Target 2 - $0.0350
Why: A psychological barrier and a strong resistance point tested in the past. Sustained volume and RSI above 70 could push the price here.
3. 🎯 Target 3 - $0.0400
Why: Long-term resistance and Fibonacci extension level. This target depends on continued strong buying pressure and market sentiment.
Potential Risks:
Support at $0.02766 is critical. Falling below this level could invalidate the bullish trend.
The 180-day performance of -22.91% highlights the volatility in JASMY, so risk management is essential.
📊 What’s Next?
Monitor RSI, MACD, and Bollinger Bands for confirmation of trends. Volume is key—sustained high volume could propel JASMY toward $0.0400 in the coming weeks.