- JASMY shows strong recovery signs after a 96% drop, holding above key breakout levels with a 1,650% rally potential on the horizon.
- Technicals, whale support, and a solid double-bottom pattern signal JASMY could explode past $0.2785 if current trends stay strong.
- With $5M in leveraged liquidations at risk below $0.02, JASMY’s price is holding firm in a balanced, high-pressure trading range.
JASMY is flashing a powerful bullish setup that could fuel a 1,650% rally. According to analyst JavonMarks, the asset is holding firmly above a critical breakout zone. The current price sits near $0.2749, and the next major target stands at $0.2785.
If JASMY holds above this level, it could explode toward its multi-year target. Based on long-term technical patterns there maybe a full cycle reversal. The crypto token is now reclaiming strength after suffering a brutal 96% drop from its 2022 peak near $2.50.
Crypto tokens usually recover after severe bear markets, as seen by JASMY’s revival. For the whole 2022–2025 cycle the chart draws attention to the double-bottom formation, the strong breakout, and the decline to $0.10.
Source: Javon Marks
That breakout above the long-term descending trendline triggered a bullish trend shift. Price action since then has moved with consistency, showing smart money accumulation.
Strong Whale Activity and Key Support Levels Back the Momentum
JASMY’s liquidation heat map supports this technical setup. According to Team LAMBO, $5 million in leveraged positions could unwind if prices fall below $0.02. That figure is massive, given JASMY’s $750 million market cap.
Binance dominates liquidation flows, followed by smaller volumes from Bybit. The key support area spans from $0.013 to $0.019, with major liquidation clusters near $0.0152. This level has acted as strong support, repeatedly absorbing both long and short liquidations.
Source: Team LAMBO
Besides, the heat map shows balanced trading activity. Neither bulls nor bears dominate, which signals a maturing market. Traders seem to be preparing for a big directional move. The current price of $0.01518 sits at the heart of this activity zone. Hence, the market appears neutral, but pressure is building fast.
JASMY has all the ingredients for a breakout rally. Technicals align with whale activity and strong market support. Consequently, this altcoin could be gearing up for another leg higher. As the $0.2785 breakout level nears, it may be on explosive move.
