JASMY at Critical Crossroads: Will $0.012 Support Hold?

Jasmycoin is facing a make-or-break moment as it tests key support at $0.012 after a 9% weekly decline. The token is currently trading at $0.01286, sitting right on a crucial technical level that's been defending buyers for months.

On the daily chart, JASMY has formed a symmetrical triangle pattern—a neutral setup that typically triggers a sharp move once broken. Two scenarios:

📈 Bullish Case: If buyers defend $0.012, JASMY could rally toward $0.0173 (upper triangle boundary). A breakout above this zone would confirm upside momentum and potentially spark a larger rally.

📉 Bearish Case: If $0.012 breaks, expect deeper losses. The breakdown would likely trigger panic selling and open the door to further downside.

The market context: BTC and ETH are sliding into weekly losses post-Fed surge, which is adding pressure across altcoins. JASMY's next move depends entirely on whether bulls can hold the line at this support zone.

Watch the next candles closely—this level could be the difference between a relief bounce and a deeper correction.