Market Overview for JasmyCoin/Tether (JASMYUSDT): Volatility and Downtrend Confirmation

Generated by AI AgentAinvest Crypto Technical RadarReviewed byDavid Feng
Wednesday, Dec 17, 2025 7:18 pm ET1min read
JASMY
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USDT
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Aime RobotAime Summary

- JASMYUSDT fell below key 5-minute support levels (0.00606-0.00608) amid surging volume confirming bearish momentum.

- RSI hit oversold territory (~30) while MACD remained negative, signaling potential short-term bounce but no strong reversal patterns.

- Price broke below lower Bollinger Band with 61.8% Fibonacci support failed, suggesting further tests at 0.00585-0.00589 if trend continues.

Summary
• JASMYUSDT fell from 0.00618 to 0.00592, breaking below key 5-minute support levels.
• Volume surged during the downturn, confirming bearish momentum in late trading hours.
• RSI reached oversold territory, suggesting potential short-term bounce or consolidation ahead.

JasmyCoin/Tether (JASMYUSDT) opened at 0.00618 on 2025-12-16 12:00 ET, reached a high of 0.0062, a low of 0.00584, and closed at 0.00592 on 2025-12-17 12:00 ET. Total volume for the 24-hour period was approximately 205,127,831.0 units, with a notional turnover of ~$1,236,763.

Structure & Formations


Price action revealed a bearish breakdown below key 5-minute support levels near 0.00606–0.00608. A notable engulfing bearish pattern formed in the 16:30–17:00 ET window as the pair closed near its lows, suggesting increased selling pressure. No strong bullish reversal patterns were evident, with the price failing to retest previous resistance levels on rebounds.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages both declined throughout the session, remaining bearish. On the daily timeframe, the 50/100/200 SMA lines are in a descending order, supporting the broader downtrend.

MACD & RSI


MACD remained in negative territory for most of the 24-hour period, with bearish crossovers reinforcing the sell bias. RSI reached oversold levels (~30) by the close, suggesting a potential rebound or consolidation phase ahead, though a meaningful reversal would require confirmation above 0.00598–0.00601.

Bollinger Bands


Volatility expanded as the price moved below the lower Bollinger Band, confirming a breakout to the downside. The move below the 0.00605–0.00608 range was accompanied by higher volume, adding credibility to the bearish signal.

Volume & Turnover


Volume increased significantly during the 15:00–16:00 and 16:30–17:00 ET windows, coinciding with the breakdown and continuation of the downtrend. Notional turnover remained aligned with the price action, with no divergence observed.

Fibonacci Retracements


On the 5-minute chart, the breakdown from 0.00613–0.00616 found support at 61.8% of the prior swing low–high, but failed to hold.
Daily Fibonacci levels suggest key resistance around 0.00606–0.00610 and support near 0.00585–0.00589.

The pair may continue to test immediate support at 0.00585–0.00589 in the short term. A break below that range could invite further momentum selling. Conversely, a rebound above 0.00596–0.00598 may signal a temporary pause. Investors should watch for confirmation or rejection at these levels ahead of the next 24-hour period.