JasmyCoin (JASMY) is currently trading at $0.00588556, reflecting a modest 24-hour change of 0.32943%. The price has fluctuated between a daily high of $0.00613592 and a low of $0.00582182, indicating a tight trading range of approximately 5.3% for the day.

Trading volume stands at 24,374,936 JASMY, with a volume-to-market cap ratio of 8.38%, suggesting a relatively active trading environment. The hourly moving averages are indicating bearish trends, with the 55 SMA at $0.0060 reflecting a decline of 2.12% and the 144 SMA at $0.0063 showing a sharper drop of 6.14%.

The Relative Strength Index (RSI) metrics are revealing a weakening momentum, with the 1-hour RSI at 45, indicating neutral territory, while the 7-day RSI is lower at 42, suggesting increasing bearish sentiment. Additionally, the 7-day price change shows a decline of 13.53%, and the 14-day change is worse at -17.19%, indicating prolonged negative price action.

Given the significant price depreciation over the last 30 days, where JASMY has lost nearly 27.8%, the market sentiment appears to be bearish. The current price is drastically lower than its all-time high of $4.79, suggesting that there is a considerable downside risk still present.

Considering the technical indicators, particularly the bearish moving averages and declining RSI, the short-term outlook for JASMY remains unfavorable. Therefore, the recommendation is to Sell at this time, as the price shows a lack of momentum for a recovery in the immediate future.