- JASMY reclaims key resistance at $0.0165, eyes breakout above $0.0205 for next rally
- JASMY/BTC breaks trendline with double-bottom, targets 0.000001950 and 0.000002300 BTC
- RSI and MACD confirm bullish momentum, but overbought zone hints at brief consolidation
JasmyCoin (JASMY) has staged an impressive comeback, signaling renewed optimism across both USD and BTC trading pairs. The token surged by nearly 15% in the past 24 hours, reaching $0.01978. This rally placed JASMY above a crucial technical level, suggesting the possibility of a broader trend reversal.
With bullish momentum building, analysts believe the coin may be preparing for its next leg upward, potentially retesting previous highs last seen during late 2023. Increased trading activity, stronger support reclaim levels, and positive indicators now point to a favorable setup for bulls. Consequently, short-term pullbacks could offer fresh buying opportunities if the rally consolidates above support.
Key Resistance Reclaim Could Unlock Further Gains
According to Crypto Tony, a respected market analyst, the $0.0205 mark is a critical resistance level. He pointed out that reclaiming and holding this level may confirm bullish intent.
JASMY recently broke past $0.0165, a key area that had flipped from support to resistance. A weekly close above this zone could signal sustained strength. Moreover, consistent higher lows and bullish daily candles suggest growing market confidence.
If JASMY manages to secure the $0.0205 area, the path toward the $0.037 level appears open. This zone previously acted as a local high and could serve as the next target.
Hence, traders are closely watching price action near this mark. Additionally, the 14-day RSI stands at 77.91, showing overbought conditions. This may result in minor pullbacks or sideways consolidation before another surge.
$JASMY / $USD – Update
— Crypto Tony (@CryptoTony__) July 21, 2025
0.0205c reclaim is an entry for me there .. pic.twitter.com/kkIJNPpe3C
BTC Pair Signals Strong Breakout and Accumulation
MikybullCrypto offered further bullish confirmation based on the JASMY/BTC chart. He highlighted a breakout from a multi-month descending trendline, supported by a visible double-bottom formation near 0.000001070 BTC.
Price has now moved past the 0.000001500 BTC level, trading at 0.000001683 BTC. Sustained movement above this breakout zone strengthens the bullish case.
Besides, upcoming resistance lies near 0.000001950 BTC, with a longer-term goal at 0.000002300 BTC. A successful retest of the trendline may validate the breakout. However, failure to stay above 0.000001500 BTC could negate recent gains. Still, the breakout structure remains intact for now.
$JASMY
— Mikybull 🐂Crypto (@MikybullCrypto) July 21, 2025
BREAKOUT AND EXPANSION https://t.co/EiSWEtgGVs pic.twitter.com/brPovVlTuR
Momentum Indicators Align with Bullish Sentiment
The MACD has shown a bullish crossover, with the MACD line rising above the signal line. This suggests continued upward momentum.
Moreover, JasmyCoin’s market cap now stands at over $958 million, fueled by a 24-hour volume exceeding $186 million. With 48 billion tokens in circulation, JASMY appears well-positioned for another push if current sentiment holds.
