JASMY/USDT on the weekly chart has entered a more interesting phase. After a prolonged decline, price broke out of the descending structure and has already completed the key retest. The market should now be assessed not from the perspective of whether a bottom has formed, but from whether JASMY can develop the recovery that has begun.
The chart shows a clear sequence: breakout, retest, attempt to continue. Price is holding around $0.005, and the broken structure no longer looks like the rigid ceiling it once was. This gives buyers room to form a new impulse.
The nearest test is at $0.00783. This level is now more important than the double bottom formation itself. This is where the market must show whether there is enough strength to continue. A breakout and close above $0.00783 opens the zone around $0.01030. If the market clears that as well, the structure will begin transitioning into a medium-term scenario. The next major resistance area is around $0.02139. That is a distant target, so the move toward it will require sequential progress through intermediate levels, not a single impulse.
On the EMA side, the structure is gradually improving. EMA 9 and EMA 21 are converging, and price is attempting to hold above the short-term dynamics of the previous decline. The key here is the shift from a downward slope to a neutral and then upward state. MACD further confirms the change in momentum. After prolonged seller pressure, the lines are beginning to turn upward, and the histogram is recovering. Final confirmation will depend on continued price movement and sustained positive momentum.
The fundamental picture remains mixed, and that is its main feature.
On one hand, Jasmy continues to develop its focus on personal data, IoT, blockchain, and AI. The central element of the ecosystem, Jasmy Personal Data Locker, gives users control over their own data: storage, access management, usage tracking. This builds a long-term narrative around the user data and AI market.
In late September, a new catalyst appeared. On September 28, Jasmy announced the signing of a memorandum with AppBank for joint business promotion and the development of services using AI and data. The direction is gradually expanding from the idea of data storage to practical AI products. Another element is cooperation with Panasonic Advanced Technology and Jasmy Lab. In August, the parties announced joint work on distributed GPU rendering, Smart Render. According to Jasmy, the use of PDL provides a secure environment for distributed GPU usage, and in a 4K animation test, rendering time was reduced by 94%. This is another part of the Jasmy story: not only personal data, but also infrastructure for distributed computing. Additionally, Jasmy Secure PC is being developed as a cloud security and IT asset management service, having received new diagnostics and compliance features in September.
On the other hand, pressure on liquidity remains real. In September, Bithumb terminated trading support for JASMY, citing that the reasons for classifying the asset as requiring attention had not been resolved. Trading ended on September 14, with withdrawal support continuing until October 14. In addition, BITPOINT announced the termination of support for JMY on October 28, 2026. This is a risk factor for token availability on certain venues and a reminder that the project still has issues that the market and exchanges continue to factor in.
That is why the technical structure is especially important right now. Price is showing improvement earlier than the fundamental backdrop becomes clear. If JASMY breaks through $0.00783, consolidates above it, and then breaks $0.01030, the technical picture will receive additional confirmation. If the market loses the retest zone again and returns below the broken structure, the current recovery scenario will be in question.
JASMY is now at a point where the past decline is no longer the main story. The key question is whether the market can turn the first impulse after the breakout into a full-fledged trend. And the first answer must come at $0.00783.
This is technical and fundamental analysis, not financial advice. Even with bullish or bearish indicator signals, this material should not be considered a recommendation to buy or sell any asset.
