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JASMY Trades At $0.01447. With Resistance Levels At $0.02057 and $0.045
JASMY trades near $0.01447 as support at $0.01380 holds and buyers watch the $0.02057 level.
Breakout targets include $0.04120 and $0.045 if JASMY sustains momentum above $0.02057 resistance in the short term.
A failure to hold $0.01380 could shift focus toward downside zones near $0.00950 and $0.00782 levels.
JASMY is trading at $0.01447 after rebounding from $0.01380 support, with upside targets marked near $0.02057 and $0.045. The chart shows defined resistance and support zones that have shaped recent trading activity
Price Action and Support Levels
The chart reveals JASMY holding steady above a support band around $0.01380. This level has prevented deeper declines over recent weeks. Traders identified this zone as a foundation for potential upward continuation.
The price has remained inside a defined range, with stop-loss markers placed below $0.01380 to safeguard positions. If support holds firm, traders expect momentum to build toward the first upside checkpoint at $0.02057.
Currently, JASMY trades at $0.01447, reflecting a 4.63% daily increase. The rebound from support provides confidence for traders who anticipate another leg higher. Moving averages clustered near recent candles suggest that consolidation may be shifting toward a bullish phase.
Upside Targets and Market Roadmap
Beyond $0.02057, the next projected resistance is set at $0.04120, followed by $0.045. These levels represent key checkpoints for traders monitoring breakout strength. The chart highlights these targets as natural extensions if buying pressure continues.
The $0.01600 marker is another important level within the roadmap. Holding above this line would further confirm momentum toward higher objectives. Traders are positioning with this zone in mind as a step toward larger breakouts.
The price path laid out suggests that the market could follow a sequence from $0.01447 through $0.02057 before challenging the $0.04120 and $0.045 levels. This clear roadmap offers direction for traders seeking to manage entries and exits effectively.
The setup shows potential gains if JASMY sustains momentum above current prices. However, any failure to hold the $0.01380 support could weaken the outlook and invite renewed selling pressure.
Key Question on Breakout Direction
The pivotal question remains: will JASMY sustain momentum to test $0.02057 and beyond, or will support levels give way?
If upward pressure continues, traders expect the token to challenge resistance at $0.02057 soon. Breaking above this checkpoint would validate the bullish roadmap outlined on the chart. Momentum from there could target $0.04120 and $0.045, extending the move significantly.
On the other hand, a breakdown below $0.01380 would trigger stop-loss placements. This would shift focus toward downside levels near $0.00950 and deeper toward $0.00782. Such a reversal would undermine near-term bullish expectations.
The daily candle close near $0.01447 shows that the market remains balanced but leaning upward. Traders are closely watching whether the outlined path plays out toward higher targets.