Market Overview for JasmyCoin/Tether (JASMYUSDT)


Summary
• JASMYUSDT traded in a tight range between 0.00641 and 0.00667, with late-day bearish breakouts below key support levels.
• MACD and RSI signals suggest weakening bullish momentum and potential short-term oversold conditions.
• Volatility expanded in the final hours, with volume surging near the daily close.
At 12:00 ET on 2025-12-14, JasmyCoin/Tether (JASMYUSDT) opened at 0.00666, reaching a high of 0.00667 and a low of 0.00641 before closing at 0.00647. Total volume over the 24-hour window was 55.7 million JASMY, and turnover amounted to $361,124.
Structure & Formations
JASMYUSDT tested the 0.00650–0.00655 range for most of the day, forming a consolidation pattern.
A bearish breakout occurred below 0.00650 in the final hours, with a closing candle near the session low at 0.00647. A key support level at 0.00645–0.00647 appears to have temporarily held.
Moving Averages
On the 5-minute chart, price closed below both 20 and 50-period SMAs, signaling a bearish tilt. The daily timeframe shows a similar trend as price remains below the 50 and 200-day averages, indicating longer-term bearish pressure.
MACD & RSI
MACD turned negative in the final hours, reflecting declining momentum, while RSI fell to the 30–35 range, suggesting short-term oversold conditions. These signals may hint at a potential short-term bounce, though bearish control remains intact.
Bollinger Bands
Volatility expanded late in the session as price broke below the lower Bollinger Band. The move suggests a breakout attempt and increased uncertainty ahead, with the bands widening as price moves toward the lower end of its 24-hour range.
Volume & Turnover
Volume spiked during the late-ET hours, particularly after 16:00 ET, coinciding with the bearish breakdown. Notional turnover also increased, suggesting participation from both retail and algorithmic traders. Price and turnover moved in alignment, reinforcing the bearish signal.
Fibonacci Retracements
A 38.2% Fibonacci retracement level at 0.00649 and 61.8% at 0.00642 were both tested in the final hours, with price closing just above the 61.8% level. This suggests the pair may find temporary support around 0.00642–0.00645 in the short term.
JASMYUSDT appears to be in a bearish phase, with a key support zone at 0.00645–0.00647. A break below this level could target 0.00640, but a short-term bounce toward 0.00650–0.00655 is possible if RSI overcorrects. Investors should remain cautious of continued bearish momentum in the next 24 hours.
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