The post JASMY Technical Analysis Mar 1 appeared on BitcoinEthereumNews.com.

JASMY’s 24-hour trading volume is hovering at the 12.03 million dollar level and remains low compared to recent averages; this situation shows that the price movement in the downtrend is supported by weak seller participation, signaling potential accumulation. The price rising %2.64 while market participation is low indicates that hidden buyers may be active. Volume Profile and Market Participation JASMY’s current volume profile reveals that market participation is generally low. The 24-hour trading volume at 12.03 million dollars is well below the recent 7-day average (around 18 million dollars). This low volume is particularly notable in the context of the downtrend; as the price is suppressed below EMA20 (0.01 dollars), the insufficient volume indicates that sellers are not acting with strong conviction. In volume profile analysis, the 1D timeframe highlights 2 support and 1 resistance levels (supports: 0.0051 and 0.0054 dollars; resistance: 0.0057 dollars). Similar structures appear in 3D and 1W timeframes: with a total of 10 strong levels, supports (total 6S/5R) show a slight edge. This points to high volume nodes clustering at lower levels and the price struggling to hold above the Value Area High (VAH) around 0.01 dollars. In terms of market participation, volume sees a slight increase during upticks (today’s %2.64 rise), but remains dry during down moves in the overall downtrend. This suggests retail traders are on the sidelines while institutional players are quietly accumulating positions. For a healthy volume profile, volume during advances should be at least 20-30% higher; here, the opposite is observed, emphasizing low bearish conviction. Accumulation or Distribution? Accumulation Signals Accumulation phase signals are clear: Even as the price pulls back to 0.01 dollars in the downtrend, volume decreases during declines, forming a “no volume down” pattern. This is a classic Wyckoff accumulation stage; sellers are exhausting while buyers provide support…

---

Filed under: News - @ March 1, 2026 1:26 pm