šØ $JASMY Setup (Reversal Play) šØ
šÆ Targets:
TP1: $0.0150 šÆ
TP2: $0.0159 šÆ
TP3: $0.0170š
š Technical Analysis:
$JASMY is emerging from an oversold region and showing early signs of reversal. The price is holding above $0.013 support with mild bullish momentum. A breakout above $0.0175, in confluence with the 99 MA and recent lower highs, could confirm a trend reversal and open the door for long-term gains.
š Key Support/Resistance Zones:
Support: $0.0120 (short-term), $0.0100 (major structural base)
Resistance: $0.0175 / $0.0250 / $0.0400
Weekly close above $0.025 would shift the structure to a bullish bias.
š Volume Insight:
Monitor for a volume spike above $0.0175. Sustained buying interest will be key for confirming trend reversal and triggering higher targets.
ā ļø Risk Management Tip:
Stop-loss can be placed below $0.0120 or $0.0100 depending on timeframe and risk appetite. Consider scaling in only after breakout confirmation.
#JASMY #AltcoinWatch #TrendReversal #BreakoutSetup šš¶
š Disclaimer:
This setup is based on technical patterns and shared for educational purposes. Market conditions can shift ā always do your own research and manage risk effectively.