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JasmyCoin Nears $0.01390 Level: Analysis and Forecast

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by Giorgi Kostiuk

2 hours ago


The JasmyCoin market is currently at a potentially crucial moment involving price recovery and possible upward movement.

Key Level and Entry Signals

JasmyCoin (JASMY) is approaching the demand zone at $0.01390, where prior active buying triggered price increases. According to analyst *Crypto Patel*, this level represents an important entry point for long positions.

Market Structure and Targets

The current trend for JasmyCoin is considered constructive, as this pullback is perceived more as temporary than bearish. A drop below $0.01500 is expected to pave the way for recovery and may lead to higher targets such as $0.01600, $0.01927, and $0.02081.

Risk Management and Projections

For risk management, it is recommended to set a stop-loss at $0.01310 and a more conservative stop at $0.01190. If the price fails to reclaim above $0.01390, the trade structure will be deemed invalid, indicating a possible downward reversal.

Traders' attention is focused on the $0.01390 level, which may become decisive for further developments in the JasmyCoin market.

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