JASMY's recent trend is worth paying attention to. After falling from the high of 0.00956, this coin has not found strong support and has been continuously declining recently. The short-term moving averages have been broken, which indicates a bearish technical pattern. What does this imply?

From the overall market perspective, the adjustment pressure on Bitcoin is indeed transmitting to other cryptocurrencies. As a small-cap coin, JASMY lacks strong fundamentals to independently rally and finds it difficult to rise against the trend when mainstream coins are weak. The current technical signals also confirm this— a bearish trend has been gradually established.

From a trading perspective, the price level around 0.00857 can serve as an observation point. If trading based on technical analysis, stop-loss can be set above 0.0089 to allow for reasonable risk control. As for target levels, consider gradually taking profits at 0.00838 and 0.00832. If the price breaks through these levels, the situation may become clearer. The most aggressive target could be around 0.00699.

However, trading is never certain, and the market can surprise you at any time. The key is to stay rational, not be driven by emotions, and develop a plan based on your risk tolerance.