JASMY Coin Reserves Hit 2-Year Low, Short Squeeze Coming?

Jasmy Coin (JASMY) is drawing attention as both on-chain metrics and technical indicators point to a possible breakout. Traders are closely watching the $0.020 resistance level, where key liquidation data and exchange reserve trends may trigger accelerated market moves.

Exchange Reserves Reach Lowest Level in Two Years

During the first quarter of 2025, there was a decline in JASMY tokens held on exchanges to reach 10.8 billion. Exchange reserve data shows that this represents the lowest supply level in over two years.

Exchange-held supply levels show a continuous decline, which indicates investors transfer their tokens to private wallets for long-term holding.

This decrease in available exchange supply typically reduces short-term selling pressure. When fewer tokens are available on exchanges, it reduces  the likelihood of large-scale sell-offs tends.

Thus signaling that most market participants are accumulating  which may reflect growing investor confidence in future price performance.

Jasmy Coin Price Recovers as Supply Declines

JASMY’s price has been rising as exchange reserves continue to fall. After falling below $0.003 in early 2025, the price has climbed to around $0.016. This rise came as fewer tokens were held on exchanges, shifting the supply-demand balance.

The current chart pattern suggests the start of an accumulation phase. In such a phase, supply leaving exchanges combines with renewed buying interest, which can support upward momentum.

If this trend continues and is supported by volume, traders may begin to view the current structure as the early stage of a broader upward move.

Liquidation Heatmap Points to Key Resistance

The Binance liquidation heatmap indicates numerous short positions got liquidated in the vicinity of the $0.020 price level.

Leveraged position monitoring charts display data about the positions of investors who use borrowed money which highlight mandatory trade closings based on their borrowed funds.

Such trading zones for short positions generally develop their selling clusters above market prices. When the price level progresses up to these specific zones, it automatically executes short position closures.

Momentum rises when short sellers rush into markets through buy orders to handle their position closure because of what traders call a “short squeeze.”

The $0.020 level contains numerous orders that would trigger liquidation operations as marked by the yellow band in the heatmap. High buying momentum that drives the price above this zone would trigger chain reactions of buysbacks which tend to boost the price over a brief period.

Analysts Signal Bullish Outlook for JASMY Coin as Breakout Levels Near

Market analysts demonstrate increasing interest in JasmyCoin (JASMY) due to technical indicators offering data that signals upcoming price growth. Analyst CryptoBullAtom refers to the current trading zone—between $0.0185 and $0.020—as a “sweet spot” for a possible breakout.

The cryptocurrency price might experience a sudden upward surge known as a “scam run” following a decisive price action that exceeds the current trading zone.

The Relative Strength Index (RSI) is currently hovering around 60, which is above the neutral midpoint at 50 market signaling that it still has potential for more price surge.

While not yet overbought, it shows that buyers are gradually gaining control. Multiple bullish candles approaching resistance further support this view, indicating increased buying pressure.

The price needs to break $0.020 with significant trading volume for a technical surge along with a short squeeze to occur because of pending liquidation barriers which form near the existing price point.

JASMY will either continue its price consolidation pattern or move back to support around $0.016 if it does not break through the price resistance at $0.020.

Market analyst best_analysts has also identified a cup and handle pattern in the 12-hour JASMY/USDT chart, which indicates bullish possibilities.

The neckline exists between $0.0175–$0.018, while the targeted percentage stands at $0.025. A daily close below $0.0095 would invalidate the bullish pattern and signal a potential shift in trend.

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