Technical Analysis

JASMY Intraday Analysis: Short-Term Strategy for January 29, 2026

JASMY

JASMY/USDT

$0.006800
+1.04%
24h Volume

$10,615,584.61

24h H/L

$0.007020 / $0.006670

Change: $0.000350 (5.25%)

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data
JASMY
JASMY
Daily

$0.006800

0.74%

Volume (24h): -

Resistance Levels
Resistance 3$0.007900
Resistance 2$0.007500
Resistance 1$0.006900
Price$0.006800
Support 1$0.006600
Support 2$0.006100
Support 3$0.005400
Pivot (PP):$0.006850
Trend:Downtrend
RSI (14):41.7
EW
Emily Watson
(11:42 AM UTC)
4 min read
875 views
0 comments

JASMY is stuck in a sideways squeeze at the 0.01$ level, with bearish pressure prominent. Critical support breakdowns in the next 24-48 hours could create risk.

Short-Term Market Outlook

JASMY is currently experiencing a horizontal squeeze at the 0.01$ level. 24-hour change is -3.66% negative, and the intraday range remained in a narrow band of 0.01$ - 0.01$. Volume is trending at low levels of 14.66M$, signaling a lack of momentum. RSI at 36.02 is near the oversold region but not giving a recovery signal. MACD is neutral, with the histogram unbalanced on the zero line. Supertrend is giving a bearish signal and positioning the 0.01$ level as resistance. Price trading below EMA20 is maintaining the short-term bearish structure. Overall trend is downward; in the MTF context, 12 strong levels were detected across 1D/3D/1W timeframes: 3 supports/3 resistances on 1D, 2S/1R on 3D, 2S/3R distribution on 1W. This structure suggests downward pressure could continue in the next 24-48 hours. No news flow, which supports expecting a technically driven intraday movement. Volatility is low for active traders, but the breakout direction will be decisive.

Intraday Critical Levels

Nearby Support Zones

Immediately below, 0.0065$ (score: 70/100) stands out as a critical support; this is a strong zone from 1D and 3D timeframes. In case of breakdown, 0.0054$ (score: 60/100) is the next stop for quick invalidation, aligning with weekly support. Stop-losses should be kept tight below these levels, as the short-term downtrend could accelerate.

Nearby Resistance Zones

Above, 0.0066$ (score: 80/100) is the nearest resistance, aligned with EMA20 and high-scoring. Above there, 0.0073$ (score: 66/100) should be monitored. Since these resistances are positioned below the current 0.01$ price, the pullback scenario dominates; quick volume surge is required for recovery.

Momentum and Speed Analysis

Short-term momentum is weak and bearish-leaning. RSI at 36 could give a bottom signal, but MACD's neutral position and Supertrend's bearish stance limit upward speed. On the 4-hour chart, speed indicators (e.g., Stochastic) show downward crossovers. Declining volume confirms buyers are not stepping in. If volatility increase is expected in the coming hours, momentum test around 0.0065$ is critical. For scalping, the 0.0065-0.0066 band can be watched as a narrow scalping zone, but position sizing should not exceed 1% due to high risk.

Short-Term Scenarios

Upside Scenario

For the bullish scenario, breaking 0.0066$ resistance with volume is required (trigger: 14M$+ volume surge). Target then 0.0073$, invalidation below 0.0065$ close. If BTC stays stable, short squeeze possible via altcoin rotation, but probability low (30%). Risk: False breakout trap.

Downside Scenario

Bearish scenario dominant: If 0.0065$ support breaks (trigger: red candle close), target 0.0054$. Invalidation above 0.0066$. High probability (70%) of synchronized movement with BTC downtrend. Scalpers should approach with short bias, stop above 0.0073$.

Bitcoin Correlation

BTC at 87,869$ level with -1.78% drop in downtrend, Supertrend bearish. Main supports: 87,441$, 86,583$, 82,852$; resistances: 88,691$, 89,319$, 90,649$. Altcoins like JASMY are highly correlated with BTC (0.85+); if BTC breaks below 87k, JASMY's 0.0065$ test accelerates. If BTC dominance rises, alt pressure deepens; traders should watch BTC 88k resistance. Detailed data available in JASMY Spot Analysis and JASMY Futures Analysis.

Daily Summary and Watch Points

Watch today: 0.0065$ support breakdown (bear trigger), 0.0066$ resistance test (bull trigger). Volume 20M$+, RSI 40+, BTC 88k movement. Short-term trades are high risk; manage capital with 1-2% risk, keep invalidations tight. 24-48 hour outlook bearish biased, cautious scalping recommended. Follow links for detailed spot/futures.

This analysis uses Chief Analyst Devrim Cacal's market views and methodology.

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

EW
Emily Watson

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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