The post JASMY Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com. JASMY is trading in a narrow range at the $0.01 level and shows a 5.22% rise in theThe post JASMY Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com. JASMY is trading in a narrow range at the $0.01 level and shows a 5.22% rise in the

JASMY Technical Analysis Feb 1

JASMY is trading in a narrow range at the $0.01 level and shows a 5.22% rise in the last 24 hours, but the overall downtrend dominates; with RSI at 33.84 in the oversold region carrying bounce potential, while MACD and Supertrend give bearish signals, both scenarios are possible.

Current Market Situation

JASMY’s current technical chart shows mixed signals. The price is stuck at the $0.01 level, with a 24-hour change of +%5.22 being positive, but the overall trend continues as a downtrend. RSI at 33.84 is close to the oversold region, increasing the likelihood of a short-term rebound. However, MACD shows a negative histogram and the price remains below EMA20 ($0.01), with short-term bearish pressure dominant. The Supertrend indicator also gives a bearish signal and positions the $0.01 level as resistance. Volume is at a medium level of $12.78M, supporting the recent rise but insufficient for a trend reversal. In multi-timeframe (MTF) analysis, 10 strong levels were detected in 1D, 3D, and 1W timeframes: 1D has 2 supports/2 resistances, 3D has 1S/1R, 1W shows 2S/3R distribution. Critical supports: $0.0053 (score 74/100, very strong), $0.0058 (62/100); resistances: $0.0059 (76/100, strongest), $0.0065 (67/100). The price broke these levels upward in the recent rally but was rejected at $0.01, volatility is low.

Scenario 1: Bullish Scenario

How This Scenario Unfolds?

For the bullish scenario, the price must first break above the EMA20 and Supertrend resistance at the $0.01 level. If RSI turns up from oversold and crosses 50, momentum increases. If the MACD histogram approaches zero and turns positive, a bullish crossover is confirmed. Volume must show a significant increase (more than double the current level) to support the breakout. In MTF, the $0.0065 resistance already broken in 1D is an advantage; now forming higher highs in the 1W timeframe is critical. If BTC correlation is positive (details below), an altcoin rally could be triggered. Invalidation of this scenario: It becomes invalid if the price loses the $0.0059 support, as this is the pivot that turned from strong resistance.

Target Levels

First target: $0.0090 (score 6, short-term extension), aligned with fib 1.618 level. Second target: around $0.0110, approaching EMA50. Long-term range $0.0130-0.0150 possible with breakout above the 1W trendline. R/R ratio from current level: Entering from $0.01 to $0.0090, risk to $0.0059 (%41 risk), reward +90% (ATR-based). Monitor these levels with volume confirmation required, otherwise fakeout risk exists.

Scenario 2: Bearish Scenario

Risk Factors

The bearish scenario is triggered by continuation of rejection at the $0.01 resistance. If MACD bearish divergence increases and the histogram dips more negative, downward momentum strengthens. If RSI drops below 30 and shows divergence, selling pressure rises. Supertrend must flip downward with confirmation, accompanied by volume on the downside. In MTF, 3 resistances clustered in 1W (upper side) create pressure; if BTC downtrend crushes altcoins (details below), a cascade effect occurs. If the last 24h rally is low-volume, it’s a trap, expecting a quick test of $0.0059. Invalidation: Becomes invalid with a close above $0.01 and high-volume breakout.

Protection Levels

First protection: $0.0059 (score 76/100, pivot), followed by break to $0.0058 and $0.0053 (74/100, major support). Main target: $0.0024 (score 21, high probability), here at 1W lows and fib 0.618. Deeper range $0.0018-0.0020 possible. R/R: Short entry from $0.01, risk above $0.01 (%0), reward to $0.0053 at %47, to $0.0024 at %76. Stop-losses 1-2% beyond levels, manage with trailing.

Which Scenario to Watch?

Key triggers: For bullish, $0.01 high-volume close + RSI>45 + MACD crossover; for bearish, close below $0.0090 + Supertrend flip + downside volume spike. Confirmation signals: 4H candle closes, OBV rise/fall, above/below VWAP. In both scenarios, watch the $0.0059/$0.0065 pivot cluster; this is the decision point. When volatility is low, wait; news flow (no JASMY-specific) or BTC movement will determine direction. Detailed charts can be followed from JASMY Spot Analysis and JASMY Futures Analysis pages.

Bitcoin Correlation

BTC is in a downtrend at $77,591, with 24h +%0.39 slightly positive but Supertrend bearish. Altcoins like JASMY have high correlation to BTC (%0.85+); if BTC loses $78,111 support, expect cascade selloff in alts, JASMY tests $0.0053. Conversely, if BTC breaks $80,357 resistance (target 83,160), JASMY bullish scenario strengthens. If BTC dominance rises (currently caution), alts get pressured; key BTC levels: Supports $78,111/$75,720/$64,655; resistances $80,357/$83,160/$86,776. JASMY traders should monitor BTC 1H/4H charts in parallel.

Conclusion and Monitoring Notes

JASMY at a critical juncture: $0.01 resistance and $0.0053 support will be decisive, both scenarios data-backed. Monitoring points: 1. $0.01 break/retest (bull trigger), 2. Volume >$25M (momentum), 3. RSI divergence, 4. BTC below $78k (bear catalyst). Traders should position according to their own risk management, stops mandatory. This analysis is for teaching probabilities; market is dynamic, constant updates required. Follow live data from spot and futures pages.

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.

Source: https://en.coinotag.com/analysis/jasmy-technical-analysis-february-1-2026-will-it-rise-or-fall

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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