JASMY Price Near Support: Analyst Expecting a Reversal as Trend Suggests Potential Rally

JASMY has experienced a steep downtrend since December 2023, shedding nearly 80% of its value from its peak of $0.055. The current price is approaching the lower boundary of a descending channel, suggesting potential support for a market reversal. Analysts predict a possible recovery in April-May 2025 if the price rebounds from this level, targeting resistance at higher prices. The falling wedge pattern on the daily chart further supports this prediction, indicating a bottoming out and potentially signaling a reversal from current levels.