After days of heavy selling pressure, JasmyCoin (JASMY) appears to be showing early signs of stabilization. The token, currently trading around $0.0106, has gained 0.66% in the last 24 hours, according to the 4-hour chart from Binance. However, JASMY still faces multiple resistance layers, and its ability to reclaim higher ground will depend on short-term bullish strength and market sentiment.

With Exponential Moving Averages (EMA) and Relative Strength Index (RSI) indicators now offering mixed signals, traders are closely watching whether JasmyCoin can sustain its rebound or if another rejection is imminent.

Technical Overview: EMA Layers Still Bearish

The chart reveals that JASMY is trading below all major exponential moving averages, the 20, 50, 100, and 200 EMA lines, currently positioned between $0.01067 and $0.01251. These EMAs are sloping downward, reflecting that the broader trend remains bearish despite the short-term recovery attempt.

• EMA 20 (Orange Line): $0.01067 – Immediate short-term resistance.
  
• EMA 50 (Yellow Line): $0.01111 – Secondary resistance, aligning with the short-term rejection zone.
  
• EMA 100 (Cyan Line): $0.01171 – Mid-term pivot where momentum has repeatedly failed.
  
• EMA 200 (Blue Line): $0.01251 – Long-term bearish boundary.
  

A sustained move above $0.0111 (EMA 50) could attract new buying interest, potentially paving the way toward $0.0125, the next major resistance. However, if prices get rejected below $0.0106, bears may regain control, pushing JASMY toward $0.0095 or even $0.0088 in the short term.

Read more: 24 Hours Price Analysis: JasmyCoin Holds Strong at $0.0126 — Is a 7% Breakout on the Horizon?

RSI Indicator: Signs of Divergence and Weak Momentum

The RSI divergence (5,14) indicator at 12.6 signals that JASMY is hovering in oversold territory, showing a potential bottoming pattern. Historically, when RSI levels drop near or below 15, they often precede short-term rebounds. The divergence suggests that bearish momentum may be weakening, which supports a possible bullish correction if buying pressure increases.

However, traders should remain cautious, while the RSI indicates overselling, the low value also implies that the market is still struggling to generate strong buying volume. Until RSI readings climb above 40, the momentum recovery remains tentative.

Market Sentiment and Volume Insights

JasmyCoin’s modest price uptick of +0.66% is occurring alongside low trading volume, suggesting that the rebound is still fragile. The lack of strong volume confirmation could limit further upward movement unless bulls enter with conviction.

Market sentiment remains neutral to slightly bearish, as JASMY continues to trade below key technical thresholds. A decisive daily close above $0.0111 could shift sentiment toward bullish, while any failure to hold above $0.0100 would likely reassert selling pressure.

Conclusion: Key Levels to Watch

For the next 24 hours, JasmyCoin (JASMY) is at a crossroads. The $0.0106 price zone is acting as short-term support, while $0.0111 and $0.0125 stand as critical resistance levels. A successful breakout above the EMA 50 could trigger a momentum shift toward recovery, whereas another rejection could extend the consolidation or lead to a new decline.

• Immediate Support: $0.0100
  
• Immediate Resistance: $0.0111
  
• Key Breakout Target: $0.0125
  
• Downside Risk Level: $0.0090
  

Traders should watch RSI movement and EMA reactions closely for confirmation of the next directional move. If bullish momentum continues, JASMY could stage a stronger rebound, but failure to attract buying volume may keep it locked in a narrow bearish range.