📊 Jasmine (JASMY) Market Analysis – Key Levels & Trade Plan
🔹 Token: Jasmine (JASMY)
🔹 Trend: Bullish (Macro above $1.70)
🔹 Timeframe: Short-term and Macro insights
🟩 Key Support Levels:
📌 $3.82 – Recently broken and currently being retested as support
📌 $1.70 – Macro bullish confirmation level
📌 $1.20 – Breakdown below this invalidates bullish setup
🎯 Upside Targets (if support holds):
1️⃣ TP1 – $2.78
2️⃣ TP2 – $3.80
3️⃣ TP3 – $5.90
4️⃣ TP4 – $11.50 (Longer-term – 0.786 Fib target on macro)
🛑 Stop Loss Ideas:
⚠️ Conservative SL: $3.82 (if short-term trade fails)
⚠️ Macro Invalidation: $1.20
📈 Technical Outlook:
Price is currently retesting the $3.82 level as support after a breakout. If this level holds, a move to $2.78 is the next logical step, followed by higher targets. Breakdown below $1.20 suggests a return to bearish structure.
📌 Conclusion:
JASMY remains macro bullish above $1.70. Short-term setup remains valid as long as $3.82 holds. Key resistance levels are aligned with Fib retracement zones. Watch for reaction at support and confirm continuation with breakouts of overhead levels.
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