$JASMY The pair is in a strong upward trend, but indicators should be monitored closely to avoid any sudden fluctuations. Always manage risks and make your decisions based on thorough analysis.
Quick Tip:
- For traders looking for buying opportunities: entry can be made upon breaking the level of 0.01654, with a target at 0.01775.
- For conservative traders: wait at support levels like 0.01506 to enter long positions.
Current Performance:
The pair is experiencing a strong increase of 24.37%, currently trading at a price of 0.01582 USDT. This significant rise reflects strong buying momentum in the market.
Technical Indicators:
- Moving Averages:
- The short-term average (7 days) is at 0.01608, the medium-term average (25 days) is at 0.01438, and the long-term average (99 days) is at 0.01193.
- The price is trading above the averages, indicating an upward trend.
- RSI Indicator (6): at 58.44, indicating moderate buying strength with the potential to continue rising before reaching overbought areas.
- MACD Indicator: shows a buy signal with the DIF line (0.00089) surpassing the DEA line (0.00080).
Support and Resistance Levels:
- Strong resistance: 0.01654, and if broken, the price may target 0.01775.
- Strong support: 0.01506, followed by 0.01358.
Forecast: $JASMY
- If momentum continues: the price may continue rising towards 0.01775.
- In case of a correction: the price may retrace towards 0.01506 as the strongest support before resuming the rise.