Jasmy Coin Nears Breakout as Volume Builds and Resistance Tightens

Jasmy trades between $0.015–$0.017 with rising momentum and steady volume, hinting at a possible breakout ahead.

Past rallies show Jasmy can surge fast after long consolidations, making the current setup worth watching closely.

Holding above $0.015 may spark bullish momentum, but dropping below could invite renewed selling pressure.

Jasmy Coin is trading near a critical price level that could soon decide its next major move. On August 23, 2025, the token stood at $0.01625 against the US Dollar, recording a modest 0.74% daily gain. Analysts note that volume is once again approaching a decisive point. The last time this pattern appeared, Jasmy delivered a rapid sixfold surge. Hence, traders and investors are watching closely for signs of a breakout or rejection.

Price History and Market Trends

Jasmy has experienced multiple rallies and corrections across its trading history. The first major rally pushed the token to $0.000088, the highest level in its recorded performance. However, this spike was followed by a steep drop lasting several months. As a result, all breakout attempts were limited by a declining trendline that the market constructed.

Source: Javon Marks

In 2021, a second rally succeeded in breaking through opposition, causing Jasmy to go toward $0.000035. Volume increased during this period, confirming strong engagement. But as the bullish momentum waned, prices began to decline once more

Furthermore, albeit with less vigor, a third surge moved Jasmy toward $0.000045. The token was forced into correction territory as soon as selling pressure returned.

Currently, Jasmy trades near $0.012, well below its prior highs. The downward trendline, which acts as strong resistance, is still present. However, short-lived breaks above this level show that bullish momentum might occasionally ignite but is difficult to maintain.

Current Setup and Indicators

There is increased volatility on the 4-hour chart from July 27 to August 25. Before declining near $0.01400 in early August, Jasmy started at $0.01750. Following recovery, prices reached $0.01950, where long upper wicks were produced by firm rejection.

Source: Trading View

Jasmy also currently consolidates between the $0.01500 and $0.01700 levels. Under the present values, the 50-period Exponential Moving Average is trending upward at $0.01594. This placement suggests that the short-term momentum is getting better. Moreover, the Relative Strength Index of 57.69 denotes neutral circumstances, meaning that it is neither overbought nor oversold.

Moreover, trading volume has remained consistent, with noticeable increases during breakout attempts. Hence, the market shows cautious optimism. If buying pressure accelerates, Jasmy could challenge overhead resistance. However, failure to hold above $0.015 may renew bearish sentiment.

The post Jasmy Coin Nears Breakout as Volume Builds and Resistance Tightens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.