$JASMY Is Up +40% — Can $0.0058 Unlock the Next Leg Higher?
The August 31 Weekly timeframe analysis has played out very well, with JASMY gaining approximately 40% so far.
Price has now entered the Cumulative Short Liquidation Leverage at $0.0050–$0.0055, an area that could create meaningful resistance after such a strong move.
The next key level to watch is $0.0058.
If JASMY can break and hold above this level, the bullish structure could strengthen further and open the way for another leg higher.
However, after a 40% rally, a rejection from the current liquidity zone and a short-term correction should also be considered.
For now, $0.0058 is the key decision level.
What comes next for JASMY?
🟢 Break above $0.0058
🔴 Rejection from the liquidity zone
#jasmy