JASMY Technical Analysis Feb 1
The post JASMY Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com.
JASMY is trading in a narrow range at the $0.01 level and shows a 5.22% rise in the last 24 hours, but the overall downtrend dominates; with RSI at 33.84 in the oversold region carrying bounce potential, while MACD and Supertrend give bearish signals, both scenarios are possible. Current Market Situation JASMY’s current technical chart shows mixed signals. The price is stuck at the $0.01 level, with a 24-hour change of +%5.22 being positive, but the overall trend continues as a downtrend. RSI at 33.84 is close to the oversold region, increasing the likelihood of a short-term rebound. However, MACD shows a negative histogram and the price remains below EMA20 ($0.01), with short-term bearish pressure dominant. The Supertrend indicator also gives a bearish signal and positions the $0.01 level as resistance. Volume is at a medium level of $12.78M, supporting the recent rise but insufficient for a trend reversal. In multi-timeframe (MTF) analysis, 10 strong levels were detected in 1D, 3D, and 1W timeframes: 1D has 2 supports/2 resistances, 3D has 1S/1R, 1W shows 2S/3R distribution. Critical supports: $0.0053 (score 74/100, very strong), $0.0058 (62/100); resistances: $0.0059 (76/100, strongest), $0.0065 (67/100). The price broke these levels upward in the recent rally but was rejected at $0.01, volatility is low. Scenario 1: Bullish Scenario How This Scenario Unfolds? For the bullish scenario, the price must first break above the EMA20 and Supertrend resistance at the $0.01 level. If RSI turns up from oversold and crosses 50, momentum increases. If the MACD histogram approaches zero and turns positive, a bullish crossover is confirmed. Volume must show a significant increase (more than double the current level) to support the breakout. In MTF, the $0.0065 resistance already broken in 1D is an advantage; now forming higher highs in the 1W timeframe is critical. If…
Filed under: News - @ February 1, 2026 8:26 pm