JasmyCoin Poised for Explosive Growth as Volume Surpasses Historic Highs

JASMY's volume surpasses previous highs, hinting at strong bullish momentum and potential for a major breakout.

Historical breakout patterns suggest JASMY could be poised for another surge after recent symmetrical triangle formation.

Key support at $0.00850 may prevent further declines, while reclaiming $0.01300 is crucial for bullish continuation.

JasmyCoin (JASMY)price action and volume dynamics hint at another massive surge. Previously, JASMY surged over 500% following a breakout, with volume reaching some of its highest positive levels ever. This time, the scenario looks even more promising as volume has now surpassed previous highs, signaling increased market participation. Currently, the overall breakout target remains at $2.99, representing a potential gain of over 20,310% from current levels.

Source: Javon marks

Breakout Patterns and Market Behavior

JASMY’s price chart highlights a historical pattern of sharp price increases followed by declines. These downward movements created a descending curve, demonstrating a long-term bearish phase before a strong reversal. The price eventually found a bottom and entered a consolidation phase, forming multiple symmetrical triangle patterns.

Each breakout from these formations resulted in substantial upward momentum, confirming a continued bullish trend. Notably, volume spikes during breakouts indicate strong buying interest. Past surges in volume marked key accumulation phases, leading to subsequent price rallies.

Recently, another symmetrical triangle emerged, followed by a short-lived downward movement. However, this follows the historical trend of temporary pullbacks before strong upward continuation. The repeating breakout pattern suggests JASMY could be gearing up for another major price movement.

Bearish Pressure and Key Support Levels

Analyst Claire displays JASMY strong denial at the $0.01600–$0.01700 resistance zone, causing a sudden reversal despite the positive outlook. Prices fell 23.43% as a result of this dip, reaching $0.01100 before a slight adjustment. Bearish momentum is being reinforced as JASMY is now having difficulty recovering the $0.01300 level.

Source: Claire

If bearish pressure persists, this zone may act as a strong barrier against further declines. Conversely, if buyers step in, JASMY could reclaim higher levels and push past resistance zones.

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