$JASMY /USDT has displayed a strong 10.95% surge in the past 24 hours, trading at 0.01094, marking a robust recovery from its 24-hour low of 0.00948 and reaching a high of 0.01099. This movement signifies a decisive shift in market sentiment, with bulls regaining control after a period of consolidation.
The significant 24-hour trading volume of 576.93M
#jasmy underscores the growing participation and rising momentum within this Monitoring Gainer category. The bullish engulfing candles on the hourly chart suggest strong accumulation, with price breaking through short-term resistance levels, indicating renewed investor confidence and potential for continuation if volume sustains.
For traders aiming to capitalize on the current trend, the ideal entry zone lies between 0.01070 – 0.01090, aligning with the recent breakout support. The target levels to monitor are 0.01130, 0.01180, and an extended bullish target at 0.01250, should momentum persist with increasing volume. A conservative stop-loss (SL) is advised below 0.00950, near the recent low, to manage downside risk effectively. As long as JASMY/USDT holds above the 0.01070 pivot, the structure remains bullish, supported by strong breakout confirmation. This setup favors short-term momentum traders and swing traders seeking to ride the next leg of the upward rally, as JASMY continues to attract both retail and institutional attention in the DeFi-driven market rebound.