JasmyCoin (JASMY) is currently priced at $0.00561162, reflecting a 24-hour change of -2.92%. The asset has experienced a daily trading range of $0.00025203, with a high of $0.00584914 and a low of $0.00559711, indicating a consolidation phase following a recent downtrend.

Volume stands at 15,123,489, which represents 5.46% of the market cap, suggesting a moderate level of trading activity. The hourly moving averages indicate bearish sentiment, with the 8 SMA at $0.0057 showing a decline of 0.90%, while longer-term SMAs also reflect downward pressure, particularly the 144 SMA at $0.0059, down 5.61%.

Momentum indicators are confirming weakness, as the 1-hour RSI is at 28, indicating oversold conditions, while the 7-day RSI at 42 suggests a lack of bullish momentum in the medium term. The 7-day price change is -8.89%, and the 14-day change is -5.72%, highlighting a consistent decline over recent weeks, further supported by a 30-day price change of -16.79%.

The significant gap from the all-time high of $4.79, achieved in February 2021, underscores the long-term bearish trend and potential challenges for recovery. JASMY is currently struggling to find support and has not demonstrated the necessary bullish reversal signals to suggest a near-term uptrend.

Given the technical indicators, volume metrics, and overall market sentiment, JASMY is currently positioned for potential further downside. Therefore, the rating is a Sell, as there is a lack of immediate catalysts or bullish trends to warrant a buy or hold at this time.