Possible Complex Head-and-Shoulders Breakdown on $JASMY
(1h / 4h timeframe)
A potential complex Head-and-Shoulders Top seems to be forming on the JASMY/USDC chart, characterized by multiple shoulders and heads, and a descending neckline. This kind of structure has been studied as a possible signal of short-term bearish reversal, especially in bullish market contexts.
The recent breakdown below the neckline may indicate weakening momentum, but confirmation often comes with follow-up price action and volume behavior.
According to Bulkowski’s pattern research:
• Average post-breakdown decline: around 23%
• Price reaches the expected target 53% of the time
• Pullbacks after the breakout occur in 67% of cases
• The pattern fails to produce a profitable move in just 4% of cases (bull market context)
As always, these stats represent tendencies, not certainties. Market conditions, volume trends, and broader sentiment play a big role in the actual outcome.
This could be a moment to stay alert, manage risk carefully, and watch how price develops in the coming sessions.
DYOR
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