Crypto analyst David Vallieres is bullish on Jasmy Coin (JASMY) based on a Cup-and-Handle formation on the weekly chart that has developed over 126 weeks. Despite the longer duration, Vallieres sees this as a strong setup, with the left lip of the cup higher than the right, suggesting a potential breakout and a rally to $0.62. Vallieres adapts principles from stock market patterns to the crypto space, and while the 126-week pattern exceeds typical stock durations, he believes the core principles still apply. Traders who act on these signals may have a rewarding opportunity if JASMY's price breaks above resistance at the handle.



Other News from Today