JASMYUSD – Daily Chart<\/figcaption><\/figure>\nJASMY\/USD is trading within a descending channel, struggling to break key resistance levels. The price finds support within this channel around December 9, 2024, and experiences multiple bounces and rejections. A significant breakdown occurs when JASMY fails to maintain its uptrend line support, which now flips into resistance. The inability to reclaim this level keeps downward pressure intact, with the price revisiting the lower boundary of the descending channel. Additionally, the 0.018 level, which previously acts as strong support, now turns into resistance, further confirming the bearish structure.<\/p>\n
JasmyCoin Price Prediction: JASMY May Cross Below the Channel<\/h2>\n
According to the daily chart, JASMY is currently trading at $0.0185, experiencing a slight decline of -0.88% for the day. The price remains in a well-defined descending channel, confirming a long-term bearish trend. The 9-day MA ($0.0200) and the 21-day MA ($0.0213) continue to act as resistance, suppressing any attempts at recovery. However, if JASMY fails to reclaim these levels, sellers could maintain control, leading to a retest of the lower boundary of the channel. The immediate support lies at $0.0150, and a breakdown below this level would confirm further weakness, possibly extending the bearish momentum to $0.010, $0.008, and $0.006 respectively.<\/p>\n
JasmyCoin (JASMY) Ready to Explode?<\/strong><\/p>\n