JASMY/USDT – End of the Bearish Era? Golden Pocket Retest?🧠 Technical Overview:
The JASMY chart is showing a very strong technical signal after breaking out from a major descending trendline that had capped the price since December 2024. This breakout marks the potential end of a medium-term bearish phase and the beginning of a new accumulation and bullish expansion cycle.
The breakout was confirmed with strong momentum and solid candle structure, indicating possible entry from institutional buyers or smart money.
Currently, the price is pulling back to retest the Fibonacci Golden Pocket (0.5–0.618 retracement) zone between $0.01520 – $0.01622 — a critical area that often acts as the launchpad for the next leg up.
📊 Pattern and Market Structure:
✅ Descending Trendline Breakout → Signals mid-term reversal
✅ Golden Pocket Retest → Ideal accumulation zone
✅ Previous resistance flipped to support → Confirming structure flip
✅ Potential formation of a Bullish Flag or Cup & Handle pattern in the near future
✅ Bullish Scenario (High Probability):
If the price holds the Golden Pocket zone and forms a higher low, the bullish market structure remains intact and strong.
📍 Key Upside Targets:
$0.02040 → Minor resistance & structure pivot
$0.02238 → Key structural resistance
$0.02643 → Previous high before breakdown
$0.03206 – $0.03500 → Major psychological levels
$0.03944 – $0.04694 → Expansion targets
Max Bullish Target: $0.05775 – $0.05950 (weekly structure resistance zone)
If price bounces from this level with increased volume, this could kickstart an impulsive Wave 3-style rally.
⚠️ Bearish Scenario (If Support Fails):
If the price fails to hold the $0.01520 support:
$0.01300 → Minor horizontal support
$0.01211 → 0.618 extension of the prior move
$0.01189 → Strong support and last line of defense before full breakdown
A breakdown below this golden zone could trigger short-term panic selling, but overall bullish structure remains valid as long as the price stays above $0.01000.
🧭 Key Levels to Watch:
🔑 Support: $0.01520 – $0.01622 (Golden Pocket)
🚨 Breakout Level: $0.01764
🎯 Major Targets: $0.02238 – $0.02643 – $0.03500 – $0.04694 – $0.05950
🔍 Conclusion:
A breakout from the long-term downtrend followed by a clean retest into the Fibonacci Golden Pocket is a classic bullish continuation setup. As long as this support holds, the upside potential is substantial.
This setup offers an excellent risk-reward ratio for swing traders and fits perfectly with the “Buy the Retest” strategy. Momentum traders and technical analysts should watch this zone closely.
📢 Market Sentiment:
Moderately Bullish ➜ Highly Bullish
(Upon confirmation of bullish candle within the Golden Pocket)
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