JasmyCoin (JASMY) is currently priced at $0.00718576, reflecting an 8.26% increase over the last 24 hours. The daily trading range has seen a high of $0.00733105 and a low of $0.00663756, indicating a volatility of 10.43% within this period.

The trading volume stands at 28,262,134, which corresponds to a volume-to-market cap ratio of 7.95%, suggesting a relatively active market. The hourly moving averages reveal that the short-term trend is bullish, with the 8 SMA at $0.0070 showing a 3.36% increase, while longer-term averages like the 144 SMA at $0.0073 have turned slightly negative at -0.92%.

The 1-hour RSI is at 74, indicating that JASMY is approaching overbought territory, which may signal a pullback in the near term. In contrast, the 7-day RSI is at 45, suggesting that the asset is not currently in overbought conditions, which could support further upside if momentum continues.

Over the past week, JASMY has seen a price decrease of 2.54%, while the 14-day and 30-day changes show declines of 12.53% and 27.63%, respectively. These longer-term negative trends indicate ongoing selling pressure, and the coin has not yet demonstrated a clear reversal.

Despite the short-term bullish price action, the overall trend remains negative when viewed through a longer time frame. The all-time high of $4.79, achieved in February 2021, further emphasizes how far JASMY has fallen from its peak, suggesting a potential for recovery but also a significant risk if current momentum fades.

In summary, given the short-term bullish movement alongside concerning long-term trends and high RSI levels, I recommend a **Hold** rating for JASMY. Investors should monitor for potential entry points if further bullish momentum can establish itself while being cautious of overbought conditions.