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Cryptocurrency News Articles

JASMY/USDT Technical Analysis: Bullish Momentum in Play 🔥

Nov 24, 2024 at 03:05 am

The JASMY/USDT pair has shown impressive bullish behavior over the past 24 hours, surging +41.34% to its current price of $0.02807.

JASMY/USDT Technical Analysis: Bullish Momentum in Play 🔥

The JASMY/USDT pair exhibited strong bullish momentum on Monday, surging over 41% to reach a high of $0.02966. The coin faced minimal resistance throughout the day, with the bulls remaining in control.

The technical analysis suggests that the bullish trend could continue, with potential targets lying ahead. However, if the price retraces, key support levels are also highlighted for potential entries.

Here are the key technical levels and potential targets for JASMY/USDT based on the recent price action:

* Current Price: $0.02807

* 24h High: $0.02966

* 24h Low: $0.01947

* Volume (JASMY): 3.06B

* Volume (USDT): 74.60M

* SAR Support: $0.02295 (potential short-term support)

* Target Levels:

1. Target 1: $0.02966 (Recent 24h High)

This level marks the 24-hour high, acting as immediate resistance. If JASMY can break above this, we could see a continuation of the upward trend towards the next resistance zone.

2. Target 2: $0.03017 (Next Resistance)

After the $0.02966 level, the next resistance is around $0.03017. A breakout above this zone could signal further bullish momentum and potentially set a new high.

3. Target 3: $0.02270 (Key Support Zone)

If the price retraces, $0.02270 serves as a strong support level. This zone has shown historical relevance and could act as a good entry point if there is a dip.

News source:www.binance.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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