LIVE$JASMY Price Prediction: ๐ฅ Don't Buy ๐จ
JASMY takes a tumble and faces the risk of a steep correction as it seeks stability.
๐ As it's going to delist from Binance so I'm bearish on Jasmy
In the last 48 hours, #JasmyCoin has charted lower lows and lower highs, forming a negative price channel. ๐
Digging into the technicals reveals a nuanced tale. The 9 EMA is gradually declining, and the 20 EMA shows a slight downtrend, signaling bearish sentiment. ๐ The MACD line decreases, alongside the signal line, with negative histogram values, hinting at continued downward momentum for $JASMY ๐
The RSI hovers around the neutral 50 mark, suggesting no clear bias for overbought or oversold conditions. ๐
Looking ahead, watch key levels at $0.018276 and $0.006942. Bearish indicators hint at a possible test of the $0.006541 support, with a break below triggering more sell-offs. A reversal towards $0.018276 needs a significant shift in sentiment and increased buying pressure. ๐๐
