Market Overview for JasmyCoin/Tether (JASMYUSDT)

Summary
• JASMYUSDT declined 24-hour low of $0.00851 after early morning reversal pattern.
• Volume surged in late afternoon, confirming bearish momentum.
• RSI remains in oversold territory, suggesting potential for consolidation or rebound.
• Bollinger Bands show moderate volatility, with price near lower band.
• Fibonacci retracement of 61.8% aligns with key support at $0.00856.

At 12:00 ET on 2026-01-13, JASMYUSDT opened at $0.00892, reached a high of $0.00894, and a low of $0.00851, closing at $0.00863. Total volume amounted to 89,984,935.9999999 and turnover was $757,915.93.

Structure & Formations

Price action displayed a key morning reversal candle around $0.00865, signaling bearish sentiment. Support emerged at $0.00856, coinciding with a 61.8% Fibonacci retracement level and a minor consolidation cluster. Resistance remains at $0.00878, with failed attempts to reclaim it.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages are both bearish, with price below both. MACD remains in negative territory with a bearish crossover, reinforcing downward momentum. RSI lingered near oversold levels for most of the day, though not triggering a reliable rebound.

Volatility and Turnover

Bollinger Bands showed moderate volatility throughout the day, with the price frequently touching the lower band during the late afternoon pullback. Turnover surged during the price decline from $0.00871 to $0.00855, aligning with the bearish move and indicating liquidation.

Looking ahead, price may consolidate near $0.00856–$0.00863 before testing if $0.00865 can hold as a near-term support level. Traders should remain cautious of further downside risks if volume picks up above $0.00860.