Like many other coins, Jasmy saw a major correction in the past months and dropped to a year-low.

It found solid ground and recovered above $0.01. After a short break, it is showing signs of strength again daily.

Like many other coins, Jasmy saw a major correction in the past months and dropped to a year-low.

It found solid ground and recovered above $0.01. After a short break, it is showing signs of strength again daily.

In a fresh surge, Jasmy is trying to reclaim the $0.0178 resistance level, rejected last week. Surpassing this resistance could rally the price to the $0.025 level and potentially $0.035 in the future.

However, it is important to note that its trading landscape has technically changed as the crypto bias turns bullish on the daily chart.

After months of wide correction, Jasmy located support at $0.0082 earlier this month and marked the above price as its lowest trading level in a year.

Luckily, the level bolstered, and the price increased daily until it reached a high of $0.0178, posting a 100% gain within a week.

This led to a notable break above a falling descending trendline, serving as resistance for four months.

Unfortunately, the buying stopped due to rejection, and the price fell. That triggered a slight pullback, but the broken trendline provided support, and the price climbed back yesterday.

It appears strong today amid rising demand. A surge above last week’s high should set the stage for more gains in the coming days.

While the mid-term outlook is still considered bearish, selling pressure may return if the price falls back under the falling trendline.

JASMY Key Level To Watch

In the latest surge, Jasmy is trying to reclaim the $0.0178 resistance level, rejected last week. Surpassing this resistance could rally the price to the $0.025 level and potentially $0.035 in the future.

The $0.0134 level is currently supporting the latest surge. If it fails to hold well, it may navigate the key $0.01 level for support, along with the yearly $0.0082 low.

Key Resistance Levels: $0.0178, $0.025, $0.035

Key Support Levels: $0.0131, $0.01, $0.0082

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