JasmyCoin (JASMY) was trading above $0.05 in late 2024, but today the token sits near $0.015. Despite the sharp drop, the project still has a strong community of holders who remain optimistic about its chances in the next altseason.
Adding to that sentiment, crypto analyst Crypto Patel, who has over 73,000 followers on X, just shared a bullish long setup for JASMY – though not without one more dip first.
What you'll learn 👉
The JASMY Chart Setup
Patel’s chart shows that JASMY could first pull back toward the $0.01390 level, which he highlights as a weekly order block (1W OB) demand zone. This would act as a key area for buyers to step in.
From there, he expects a reversal that could send JASMY back up to revisit the July highs around $0.02, with upside targets stretching toward $0.02081 and even $0.02200.
The structure Patel outlines suggests a “U-shaped” recovery: a short-term sweep of liquidity below current levels, followed by a push higher to retest resistance zones.
$JASMY/USDT: The Bullish Long Setup You Can't Miss!
— Crypto Patel (@CryptoPatel) August 21, 2025
Why this setup?
▶️ Price nearing $0.01390 – key 1W OB demand zone.
▶️ Anticipating a liquidity sweep before strong reversal
▶️ Bullish market structure with clear upside targets.
▶️ High R:R setup with potential for solid… pic.twitter.com/h8GcMaIWT8
Patel’s Commentary
In his post, Patel explained why he sees this as a bullish opportunity:
- Price is nearing the $0.01390 demand zone, a key level for a bounce.
- A liquidity sweep is likely before a strong reversal.
- The overall structure remains bullish with clear upside targets.
- The trade setup offers a high risk-to-reward (R:R) ratio for long positions.
His bias remains bullish, but he advises watching closely for that tap at $0.01390 before entering.
Community Outlook
JASMY remains one of the more volatile altcoins in the market. While it has dropped heavily since late last year, the coin’s loyal community continues to back it, betting that its fundamentals and hype could bring fresh momentum once altseason begins.
For now, Patel’s analysis suggests patience: wait for the pullback, then look for the reversal. If his levels play out, JASMY could soon be making another run toward the $0.02 zone.
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