JasmyCoin (JASMY) is currently priced at $0.00665811, reflecting a 3.73% decline over the past 24 hours. The daily trading range is relatively narrow, oscillating between a high of $0.00693152 and a low of $0.00659234, which indicates a consolidating market.

The trading volume of 16,960,634 represents a volume-to-market cap ratio of 5.15%, suggesting moderate liquidity. However, the downward trend in the 30-day price change of nearly 30% indicates bearish sentiment over a longer timeframe, which could pressure the price further.

Moving averages show a mixed short-term outlook; the 8, 13, and 21-hour SMAs are all below the current price, signaling potential resistance, while the 55 SMA shows a more pronounced decline. The 144 SMA is currently at $0.0069, indicating significant resistance that needs to be breached for a bullish trend to develop.

The 1-hour RSI stands at 60, suggesting that the asset is nearing overbought conditions, while the 7-day RSI at 49 indicates neutrality with potential for further downside. Furthermore, the 7-day and 14-day price changes are both negative, reinforcing a bearish trend as JASMY struggles to maintain upward momentum.

Given the substantial decline from the all-time high of $4.79 in February 2021, JASMY appears to be in a prolonged downtrend. The technical indicators and price action suggest a lack of strong buying pressure at current levels, making it challenging for the asset to recover in the near term.

Based on the analysis of price action, technical indicators, and overall market sentiment, I rate JASMY as a Sell. The bearish trend over multiple time frames and resistance levels suggest further downside risk before any potential recovery.