JasmyCoin (JASMY)

Do you think a Santa rally will happen on $JASMY ?

#JASMY Channel Support Rebound Attempt🔥 JasmyCoin is testing the descending channel's lower boundary on the 2-day timeframe, with early reversal signals🧐 A successful rebound could push the price toward targets at $0.008, $0.011, $0.014, $0.019, $0.023, $0.032, and $0.040🎯 https://t.co/qp5M4JUXrW

Most people are back long $JASMY than short and it happened too fast, hence i expect more down 😬 https://t.co/FitEQt1N00

$JASMY support has been lost. next meaningful support appears to be around $0.0048 https://t.co/QFngZp89Gj

For the first time in 2 years there are now more people shorting $JASMY than longing. the downtrend may continue a bit longer but the risk of a sudden pump for the bears is growing, https://t.co/Jyytij6pba

$JASMY is breaking support https://t.co/SPg994eufc

$JASMY Not bad and invalidation big easy What do you think ? https://t.co/qstHjC699O

Once again no real movement from $JASMY in 2 months , it just says a BIG ONE is coming.

$jasmy been having some trouble regaining traction from this downtrend. Lots of bottoms and B/R combos on the way down, and still inside this channel. With that said, it has mostly reset on HTFs and is sitting just above the Monthly support at ~$0.006. Furthermore, LTFs looking bouncy if it can gather some strength. B/R combo on the 4HR with a shaded squeeze just below the track line. If we get a close above the $0.0069 level, it should kick in harder to release pressure to the upside. If not, then watch out for a quick breakdown if it fails instead.

#JASMY is still in a long-term downtrend with repeated sharp rallies followed by full retraces. The current structure shows: Lower highs Lower lows Price returning to historical “flatline” zones near $0.006–0.007 This zone has acted as multi-year consolidation, but never a sustained launchpad. Price is sitting right on major horizontal support The area around $0.006–0.007 is the base $JASMY has visited multiple times before explosive spikes. Historically, this level produces: Long periods of sideways ranging, followed by Short, fast upside wicks This suggests liquidity hunts rather than trend reversals. A bottom requires: A stop of downward momentum A higher low Break of a prior high None of these has appeared yet. Volume appears thin on the recent decline This usually indicates: Seller exhaustion But also lack of strong buyers High probability of accumulation, slow chop, not immediate reversal RSI is: In the mid-30s → close to oversold Showing no bullish divergence yet Historically spikes into 70–80 during JASMY rallies This suggests momentum is weak and declining, not yet turning. Likely Scenarios (Probability-Based) Scenario A Extended sideways accumulation (most likely) Around $0.006–0.008, JASMY often spends months ranging before any major move. Why this is likely: Long-term support Seller exhaustion No divergence or reversal pattern yet Probability: 55–60% Scenario B Short-term relief bounce (possible) A small bounce to $0.009–0.012 is plausible IF RSI triggers short-term oversold conditions. But this would NOT signify a trend reversal unless: Price forms a higher low Market confirms volume inflows Probability: 25–30% Scenario C Breakdown to new lows (tail risk) If support fails (rare but possible), next levels are psychological, not structural: $0.005 $0.004 Probability: 10–15%, but shouldn’t be ignored. What Would Signal a Real Trend Shift? You’d want to see: Break above $0.012 A higher low forming above $0.008 Volume expansion RSI bullish divergence Market-wide risk-on conditions Without these, any bounce is likely short-lived. Summary Based purely on the chart: Most Likely Next Move Sideways consolidation in the $0.006–0.008 zone with occasional small bounces. Medium Likelihood Relief rally to $0.01–0.012 if oversold triggers. Least Likely Breakdown to new lows unless BTC drags markets down.