⚡️ Market / Price Context
JASMY/USDT has held its lower support line for an extended period on the 4H chart, and that persistence has now given way to a developing bullish (abc) setup. The prolonged support hold suggests underlying demand has been building beneath the surface.
📈 Chart Explanation
Early signs of a continuation leg have emerged, but the move currently lacks the momentum needed to clear the previous resistance level where price was rejected earlier. This puts the structure in a transitional phase, the (abc) setup is forming, but its bullish case remains unconfirmed until resistance gives way.
📈 Outlook
The key trigger is a decisive move past the prior rejection line, confirmed by bullish candles closing above it. If that happens, the structure would support riding wave (c) toward up to two target levels. Until that break occurs, the setup remains promising but incomplete.
