JASMY’s price has experienced a significant surge, jumping over 14% in the past 24 hours. This bullish momentum raises questions about whether buyers can sustain this upward trend and break above key resistance levels. The coin’s price action is currently attempting to surpass the 50-day Exponential Moving Average ($0.01447). Analyst insights suggest that buyer activity is increasing, with a breakout above this level expected. Notably, JASMY has seen a strong reversal from its recent bearish trend, gaining 22% in the last week alone. However, analysts highlight that breaking beyond the $0.01447 and $0.02144 levels will be crucial for sustaining this bullish momentum. The coin’s price action shows significant long-term bearish tendencies, but recent performance suggests a resurgence from a prolonged period of trading below the 50-day and 200-day EMAs. Current data reveals JASMY is trading at $0.01260, with a strong intraday increase of 14%. The daily trading volume has decreased by 2%, indicating good liquidity levels as measured by the Volume to Market Cap ratio (18.42%). Technical indicators like the MACD curve’s upward trend and its green histogram, coupled with the RSI nearing overbought territory (53), indicate potential for further price movement. For sustained gains, bulls must maintain this momentum. Investors are advised to observe clear breakout above key resistance levels ($0.01447 and $0.02144) before making any investment decisions. This will help minimize risk and prevent losses.