JASMY was one of the tokens that performed relatively strong during the latest correction.
First, it didn't drop to its crucial support level but found earlier support. Moreover, it delivered a solid recovery and pumped almost 30% from its correction bottom.
Currently, JASMY is battling the crucial resistance level at 0.032. This level was already the resistance in May when, after its break, JASMY reached the >0.04 level. During June and July, the level served as a solid border, preventing a further climb.
At the time of writing, JASMY holds above this level. However, a daily close (preferably a weekly close tomorrow) is required to confirm the strength. If this happens, we could see a rally towards >0.04 levels again soon.
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