Market Overview for JasmyCoin/Tether (JASMYUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 8:41 pm ET1min read
JASMY
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USDT
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Aime RobotAime Summary

- JasmyCoin/Tether (JASMYUSDT) dropped to $0.00709, forming bearish engulfing patterns amid declining volume and oversold RSI.

- Bollinger Bands widened during the decline, signaling heightened volatility as price tested key support at $0.00716–0.00717 twice.

- Price fell below 50-period moving averages, confirming short-term bearish momentum despite potential pullback hints from oversold RSI.

- Reduced turnover after 17:00 ET and failed support tests suggest weakening bearish conviction, with $0.00725–0.00730 as next resistance.

Summary
• Price fell from $0.00737 to $0.00709, forming bearish engulfing patterns.
• Volume spiked at 17:30 ET and 13:15 ET but failed to push price higher.
• RSI entered oversold territory near 30, suggesting short-term exhaustion.
• Bollinger Bands widened during the decline, reflecting increased volatility.
• Turnover declined after 17:00 ET, signaling reduced conviction in the move lower.

JasmyCoin/Tether (JASMYUSDT) opened at $0.00733 on 12:00 ET-1 and traded between $0.00707 and $0.00746 over the next 24 hours, closing at $0.00709 as of 12:00 ET. Total volume reached 180.7 million JASMY, while notional turnover amounted to approximately $1,269,840.

Structure & Formations


Price action from 17:00 ET to 20:30 ET formed a bearish continuation pattern, with multiple lower closes and bearish engulfing candles reinforcing the downward bias. A key support level appears to have been established around $0.00716–0.00717, where price bounced twice during the decline.

Moving Averages


On the 5-minute chart, price moved below both the 20 and 50-period moving averages, confirming a short-term bearish shift. Daily moving averages (50/100/200) suggest a continuation of the broader downtrend, though short-term traders may see potential for a pullback.

Momentum Indicators


Relative Strength Index (RSI) dipped into oversold territory near 30 during the afternoon, hinting at potential short-term buying interest. However, MACD remained bearish with the signal line above the histogram, indicating unresolved downward momentum.

Volatility and Bollinger Bands


Bollinger Bands expanded significantly as price moved lower, particularly from 13:15 ET onward. This widening reflects increased volatility and suggests the market is processing new information or reacting to external factors.

Volume and Turnover


Volume spiked at 17:30 ET and again at 13:15 ET during the sharp selloff, but price failed to find support at $0.0072 or above. This divergence between volume and price may indicate fading bearish conviction. Notional turnover also declined after 17:00 ET, pointing to reduced trading activity as the sell-off matured.

Looking ahead, a potential rebound could test key resistance at $0.00725–0.00730. However, bears may regain control if support at $0.00716–0.00717 fails, potentially extending the move toward $0.00705. Investors should watch for divergences between price and momentum indicators to assess the likelihood of a near-term reversal.