$JASMY/USDT 2D (#Bybit) Big falling wedge breakout & retest

JasmyCoin finally regained 50MA support and downtrend seems over, let's swing long on demand zone, targeting 100EMA.

⚡️⚡️ #JASMY/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 4.5%

Current Price:
0.004642

Entry Zone:
0.004420 - 0.003402

Take-Profit Targets:
1) 0.005969
2) 0.007519
3) 0.009069

Stop Targets:
1) 0.002189

Published By: @TradingOn

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Proft= +52.6% | +92.3% | +131.9%
Possible Loss= -44.0%

Comment:

Estimated Gain-time= 2-3 months

Comment:

Up to +68.43% (1x) since called

JasmyCoin bounced strong on 50MA (gray) and almost hit TP2, getting rejected on 100EMA (orange) resistance.
Unfortunately, entry was missed by $0.000024 three weeks ago, that was so near!
If you entered manually, reducing position here sounds wise, we may revisit demand zone later.

Trade active:

Entry finally filled

Trade closed: target reached:

TP1 reached with +1.2R

JasmyCoin resumed bullish, hitting back 1st target.