Technical analysis by Arash-RK about Symbol JASMY: Buy recommendation (4/8/2025)

Hello fellow traders,I've spotted a promising long opportunity on JASMY/USDT that I wanted to share with you.Here's the setup:Breakout Confirmation: JASMY has successfully broken out of a descending channel, indicating a potential shift in momentum.Retracement and Readiness: Following the breakout, the price has retraced, suggesting it's now poised for an upward move.Target: My target for this trade is the $0.01250 level, which conveniently aligns with the 200-period moving average on the 4-hour timeframe.Here's my proposed trade plan:Entry: I'm looking to enter the trade once the price moves above $0.01060.Stop Loss: To manage risk, I've set my stop loss around $0.00970.Remember, this is just my analysis, and trading always carries risk. Please do your own due diligence before making any trading decisions.Wishing you all profitable trades!