Gk_Aronno
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JASMY at a Breaking Point
$JASMY
Yello, Paradisers! Have you been watching JASMY closely? If not, you might be about to miss one of the most explosive opportunities we've seen in recent days. A major breakout or breakdown is brewing, and the market is preparing for a decisive move!
💎Right now, #JASMYUSDT is sitting above a critical Demand Zone after successfully flipping a strong historical resistance into support. Price action is following an ascending structure, respecting both the Ascending Support and the broader Ascending Channel pattern. As long as the price continues to hold this support region and maintain the bullish market structure, there is a high probability of a breakout towards the Moderate Resistance level around 0.01994. A clean break above this area could fuel a sharp rally straight towards the Major Resistance zone at 0.02337.
💎However, caution is absolutely necessary here. If JASMY fails to hold the current Demand Zone and we see a confirmed close below the support at 0.01540 level, it would invalidate the bullish setup. In that case, a rapid sell-off is likely, with downside targets opening towards the 0.01397 region and possibly even lower levels. This would create a high-risk environment where inexperienced traders could get trapped very quickly.
Stay focused, Paradisers. Be the hunter, not the hunted.
Yello, Paradisers! Have you been watching JASMY closely? If not, you might be about to miss one of the most explosive opportunities we've seen in recent days. A major breakout or breakdown is brewing, and the market is preparing for a decisive move!
💎Right now, #JASMYUSDT is sitting above a critical Demand Zone after successfully flipping a strong historical resistance into support. Price action is following an ascending structure, respecting both the Ascending Support and the broader Ascending Channel pattern. As long as the price continues to hold this support region and maintain the bullish market structure, there is a high probability of a breakout towards the Moderate Resistance level around 0.01994. A clean break above this area could fuel a sharp rally straight towards the Major Resistance zone at 0.02337.
💎However, caution is absolutely necessary here. If JASMY fails to hold the current Demand Zone and we see a confirmed close below the support at 0.01540 level, it would invalidate the bullish setup. In that case, a rapid sell-off is likely, with downside targets opening towards the 0.01397 region and possibly even lower levels. This would create a high-risk environment where inexperienced traders could get trapped very quickly.
Stay focused, Paradisers. Be the hunter, not the hunted.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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