JASMY’s 97% Rally on the Horizon if Key Resistance Breaks Amid Whale Accumulation

JASMY recorded the highest gains in the crypto market over the past 24 hours, driven by significant whale accumulation led by Binance and other major players such as Bybit, Bitturk, and Bitvavo. The token spiked by 14% to a high of $0.0159, trading into a fair value gap that has established a new daily demand level. Analysts indicate that sustained momentum requires the asset to breach a critical resistance at $0.01615. If successful, JASMY could surge by up to 97%, reaching an estimated $0.03196. However, technical indicators show emerging caution; the Money Flow Index is nearing overbought territory and the Relative Strength Index is declining, suggesting that buyers may soon be exhausted. Moreover, liquidity flows hint at potential selling pressure from other market participants, which could counterbalance the bullish actions of whales. The conflicting signals paint a picture of short-term volatility, where an initial rally may give way to a price correction if the resistance is not convincingly cleared. Overall, while the extraordinary whale activity sets the stage for a dramatic rally, the broader market sentiment remains cautious.