JASMY/USDT is consolidating inside a descending triangle on the 4H chart. Price recently bounced from horizontal support and is now testing the descending resistance line.
A confirmed breakout above resistance could open the way for bullish continuation. Rejection from the trendline may send price back toward the lower support, while a breakdown below it would confirm the bearish structure.
A confirmed breakout above resistance could open the way for bullish continuation. Rejection from the trendline may send price back toward the lower support, while a breakdown below it would confirm the bearish structure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.