Huge Bullish Pattern Emerges on JasmyCoin Chart: Ready for Liftoff?

JasmyCoin tests strong support near $0.0136, fueling a bullish reversal setup.

The massive inverse head and shoulders pattern points to a breakout target above $3.

Volume and momentum indicators hint at growing buying interest for a potential rally.

JasmyCoin (JASMY) is showing signs of a major breakout despite a recent dip. Trading at $0.0141 with a 3.33% drop in 24 hours, the coin has formed a massive inverse head and shoulders pattern. A break above neckline resistance could ignite a sharp rally .

Massive Inverse Head & Shoulders Pattern Takes Shape

JasmyCoin has carved out a textbook inverse head and shoulders pattern on the charts—a classic bullish reversal signal. The pattern has a left shoulder, a deeper head, and a right shoulder forming higher lows. This suggests selling pressure is fading and buyers could soon take control.

The neckline is currently sloping downward, and is serving as a resistance. A breakout above this neckline could trigger strong upward momentum

In case of a breakout technical projections place targets as high as $4, a substantial leap from current price levels around $0.014. While ambitious, the pattern’s sheer size makes a rally toward $3 reasonable if volume holds strong.

Support Holds Near $0.0136, Setting Stage for Reversal

JasmyCoin recently tested a critical support zone between $0.014 and $0.0136. This level has held firm and absorbed selling pressure and gathering liquidity. As long as the $0.0136 floor remains intact a rebound is possible in the next trading sessions..

Short-term indicators support this view. The 4-hour chart shows Jasmy slightly below the 9-period Simple Moving Average but momentum is shifting. The Stochastic RSI is in oversold territory. However it is beginning to turn up, hinting at seller exhaustion and a potential bounce.

Volume has remained steady without big sell-offs, this shows stability and possible accumulation. A push above $0.0145 could ignite further buying, and target resistance near $0.0155 in the near term.

Long-Term Support Signals Bigger Move

Looking at the monthly chart, JasmyCoin has a long-term support level in the 0.00000010 to 0.00000013 BTC range. This level has stopped price drops twice in the past, each time leading to solid rebounds.

Source: Cruise Ship Via X

This repeated support suggests buyers are ready to defend the area and build a base for a larger rally. If JasmyCoin confirms the breakout from the inverse head and shoulders pattern, it could attract more buyers and push prices higher.

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