$JASMY

Moving Averages:

200-period SMA (4h Chart): Positioned around 0.01916, while the current price is approximately 0.02071. The price is slightly above the 200 SMA, indicating mild bullish momentum. However, if the price dips below this level, it could signal a bearish reversal in the short term.

Relative Strength Index (RSI):

Current RSI (4h Chart): 41.84, which is in the neutral range. This indicates balanced pressure between buyers and sellers, with no extreme overbought or oversold conditions. The RSI has room to move in either direction.

Moving Average Convergence Divergence (MACD):

MACD Line: -0.00028Signal Line: 0.00050Status: The MACD line is below the signal line, suggesting a bearish trend. The histogram shows declining momentum, which may indicate consolidation or potential for further downside if selling pressure increases.

Support and Resistance Levels:

Immediate Resistance: Around 0.02150, near the recent highs. A breakout above this level could lead to further bullish movement.Local Support: Near 0.01916 (aligned with the 200 SMA), which could act as strong support in case of a price decline.

Bullish/Bearish Scenarios:

Bullish Scenario:

Bounce from 0.01916 Support: If the price holds above the 200 SMA and maintains mild bullish momentum, it may continue to recover or test the immediate resistance.

Bearish Scenario:

Break Below 0.01916 Support: If the price falls below the 200 SMA and MACD continues to weaken, this could indicate further downside.