Jasmy: Heading to 0.390? My Ichimoku Analysis Suggests It’s Possible
Jasmy (JASMY) is showing signs of a potential upward movement, with a target of 0.390 in sight. Based on my analysis using the Ichimoku Cloud strategy, the indicators suggest that bullish momentum is gaining strength.
Here’s why I believe Jasmy could hit this level:
1. Support and Resistance: Jasmy has held key support zones, demonstrating stability and minimizing downside risks.
2. Ichimoku Confirmation:
The Tenkan-Sen and Kijun-Sen are signaling a positive trend.
The price is nearing a breakout above the Cloud, which is typically a strong bullish signal.
3. Volume Trends: A gradual increase in trading volume indicates growing interest from traders.
However, as with any investment, it’s crucial to monitor price action and conduct thorough research before making decisions.