JASMY has been making frequent moves recently. From a technical perspective, this coin has shown a strong upward momentum, but there are also several areas that warrant caution.

**Signals of a Strong Breakout**

Looking at the candlestick structure, JASMY is currently in a clear bullish pattern. The MACD fast line has crossed above the slow line, and the EMA7, EMA25, and EMA99 moving averages are all aligned upward, indicating buying interest across short, medium, and long-term. More intuitively, this week's increase reached 49.53%, with a single-day jump of 14%, directly breaking through the key resistance level of 0.0086.

Even more interesting is the volume performance—spot trading volume surged by 146%. This is not a false rally; genuine trading activity is driving the move. Such volume-price alignment usually indicates that market attention is indeed heating up.

**Potential for Liquidity Accumulation**

At the price level of 0.0104, market analysis has identified a relatively large liquidity concentration zone. Such areas often act as magnets for price, attracting subsequent funds to test. If this bullish momentum can continue, there is theoretically room to push toward 0.0257. This means that from the current price, there is still ample room for imagination.

**But Problems Also Arise**

Things are not that simple. The RSI6 has soared to 87.31, and RSI12 is at 71.84, both entering overbought territory. The price has even broken outside the upper band of the Bollinger Bands. All these signals tell traders that the current rally might be excessive, and a technical correction could happen at any time.

More troublesome is the attitude of the derivatives market. Short sellers are gearing up, and the open interest weighted funding rate is declining, indicating that bears are accumulating strength. This divergence often precedes reversals—spot prices are soaring wildly, but the derivatives market is preparing for a decline.

**Short-term Test**

Another detail worth noting is that JASMY has recently experienced several days with significant declines, some dropping over 7%. Although the overall trend is upward, the support at the 0.0088–0.0089 range seems insufficiently solid. This means that if the price falls below this level, it could accelerate downward.

Overall, JASMY is currently in a typical scenario of mixed bullish and bearish signals. Technical indicators suggest further gains, but signs of overbought conditions and bearish undercurrents remind us to stay cautious. Whether it can hold the liquidity concentration zone at 0.0104 may be crucial in determining the next market direction.