JasmyCoin (JASMY) is currently priced at $0.00762669, reflecting a 3.17% decline over the past 24 hours. The daily trading range has been between $0.00740613 and $0.00810751, indicating volatility that traders may find attractive for short-term strategies.

The trading volume stands at 38,941,400, contributing to a volume-to-market cap ratio of 10.32%, suggesting a moderate level of trading activity relative to its market capitalization. Technical indicators show that the short-term moving averages (8, 13, and 21 SMA) are all below the current price, indicating bearish momentum, while the longer-term moving averages (55 and 144 SMA) suggest further downward pressure.

The 1-hour RSI is at 35, which is approaching oversold territory, potentially indicating a short-term reversal could be forthcoming. However, the 7-day RSI at 44 shows that JASMY is not yet in the oversold range, reflecting continued bearish sentiment over a longer timeframe.

In terms of price performance, JASMY has experienced a 13.84% decline over the past week, a 14.96% drop over the past two weeks, and a significant 24.56% decrease over the last month. The stark contrast to its all-time high of $4.79 in February 2021 highlights the extensive depreciation and the challenges the asset faces in regaining upward momentum.

Given the current technical indicators, the bearish moving averages, and the RSI metrics, JASMY is not showing signs of an immediate recovery. Thus, the recommendation is to Hold at this time, as there is potential for a short-term bounce, but the overall market sentiment remains negative, and further declines could occur before a more sustained recovery is realized.