JasmyCoin Volume Breakout Fuels Bullish Momentum as Technical Indicators Show Recovery

The JasmyCoin trading volume breakout resembles previous cycles when low volume and rounded bottoms were the precursors to explosive rallies indicating that bullish conditions are potentially forming.

Technical indicators indicate strength when MACD histogram flips to green and RSI increases out of oversold, which indicates the possibility of the market moving up the daily chart.

Support at the market at around $0.012 is well held with accumulation of the buyers posing and the resistance at around 0.014- 0.015 before potential further gains

JasmyCoin (JASMY) is showing renewed momentum as its trading volume rises alongside improving technical signals, suggesting that buyers may be regaining control.

Volume Compression Signals Market Exhaustion

According to market watchers, JASMY has been compressing under declining volume for months, a condition often associated with market exhaustion. This period of reduced activity typically signals indecision as both buyers and sellers wait for a decisive trigger. In late 2023 and early 2024, similar conditions formed before sharp rallies emerged.

Crypto analyst JAVONMARKS noted that JASMY’s volume breakout could lead to a “monstrous bullish move.” He emphasized that the current structure mirrors previous cycles where volume dried up, a rounded bottom developed, and a vertical rally followed. This repetition of conditions is now fueling expectations of another potential surge.

The chart setup also points to accumulation at current levels, suggesting that buyers are quietly positioning. Each earlier low-volume phase resulted in strong upward price action, and analysts believe the pattern may be repeating once more.

Technical Indicators Show Early Recovery

On the daily chart, JASMY/USDT is trading near $0.013 after rebounding from $0.012 support. The current trading volume is at 34.9 million, which is a 10.22 percentage increase in one day and 1.18 percent in a period of seven days.

The MACD histogram has gone green and this is an indication that momentum is gaining strength on the bullish side. The MACD line is also approaching a crossover of the signal line which would further indicate increasing momentum. Meanwhile, the RSI has added to 45.03 and is no longer in oversold regions, but it is not yet in overbought regions.

Source: TradingView

This technical setup indicates that possible reversal of the trend or relief rally could be developing. Nevertheless, analysts also observe that resistance might occur between $0.014 and $0.015, which is a range where price responses might take place and then the price might proceed to the next levels.

Market Outlook as Momentum Builds

The latest chart activity suggests that JASMY could be entering a phase of renewed demand. With support holding firmly around $0.012, market participants are watching for confirmation signals before anticipating stronger upward moves.

JAVONMARKS added that the market structure “screams accumulation,” calling it a calm phase where strategic buyers load before an anticipated rally. Historically, similar setups triggered vertical moves when volume returned.

While cautious optimism surrounds JASMY’s current performance, technical confirmation remains key. A breakout in volume paired with continued strength above support could determine whether the market repeats its past vertical rallies.

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