Analysis of Jasmy Coin Price Surge and Potential for Further Growth

• Jasmy coin surged by approximately 73% in the previous week, achieving a new annual peak.
• Since the beginning of the year, the price of JASMY has increased by more than 480%, reaching $0.037220, with possibilities for additional gains.
• According to the daily wave count, JASMY initiated a five-wave rise in October 2023, potentially entering the final phase.
• The weekly chart suggests that JASMY broke out of a Bullish Pennant pattern, indicating a bullish momentum.
• Analyzing the daily chart, a positive close today may establish a Three White Soldiers pattern, stimulating a further rally.
• Technical indicators demonstrate a significant trend shift: the Gaussian channel has turned green, while the RSI shows overbought conditions at 84, indicating an upward trend.
• Coin Gabbar analysis speculates that with ongoing bullish momentum, JASMY could potentially reach $0.050000 in the upcoming weeks.
• Following a strong surge, a substantial correction might occur, with the closest support anticipated at $0.02700.

KEY LEVELS:

• RESISTANCE LEVEL: $0.050000-$0.070000
• SUPPORT LEVEL: $0.025000-$0.015000

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