JasmyCoin (JASMY) is currently priced at $0.00613987, reflecting a 3.08% increase over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.00619526 and a low of $0.00593536, indicating short-term volatility but a lack of significant upward momentum.

The trading volume of 18,828,681, representing 6.20% of the market cap, suggests moderate interest from traders, although this volume is lower compared to the volume seen during bullish phases. The hourly moving averages indicate mixed trends; while the shorter SMAs show slight bullish momentum, the 144 SMA indicates a bearish outlook with a decline of 6.14%.

The Relative Strength Index (RSI) readings reflect contrasting sentiments, with the 1-hour RSI at 60 indicating a bullish short-term outlook, while the 7-day RSI at 39 signals oversold conditions, suggesting potential for further downside in the medium term. Additionally, the price has decreased significantly over longer time frames, with 7, 14, and 30-day price changes at -15.30%, -15.72%, and -25.64%, respectively, highlighting a bearish trend.

Despite the recent uptick, the overall trend remains negative, significantly below its all-time high of $4.79 set in February 2021. The sustained price drop and low RSI values indicate that JASMY is currently not favored in the market, and recovery appears limited without new catalysts or market sentiment shifts.

Given the current technical indicators, particularly the declining long-term moving averages and negative price momentum, the recommendation is to Hold. Investors should monitor for potential reversal signals or improvements in volume and market sentiment before considering any entry points for buying.