⚡️ Market Context
JASMY's lower support line has held price for an extended period, and that stability has now given rise to a bullish abc setup taking shape.
📈 Chart Explanation
Early signs of a continuation leg have appeared, but the move currently lacks the momentum needed to clear the previous resistance level where price was rejected before.
🎯 Entry Decision
The key trigger is a decisive move above the prior rejection line, confirmed by bullish candles forming above it. Without that confirmation, the continuation thesis remains unproven.
💰 Execution Plan
Once price clears the previous rejection line with confirmation, the setup supports riding wave C toward its two targets. Entries ahead of that confirmation carry the risk of the momentum stalling again at resistance.
📈 Outlook
A confirmed breakout above resistance supports wave C development toward both upside targets. Continued rejection at this level keeps JASMY range-bound and delays the continuation move.
