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I'm concerned about Jasmy's movements, but I recently came across news about the risk of delisting and I'm a bit worried. It seems that it has been nominated for delisting in a vote on a major exchange, and the voting turnout is quite high. If it is officially delisted, there's a high possibility of panic selling causing a sharp drop.
The current price is $0.01, down about 1.36% over 24 hours. However, looking at the 7-day chart, there's a +26.97% increase, indicating a short-term rebound trend. From a technical perspective, the RSI is at 58.69, signaling a buy, and the moving averages also suggest an upward trend. If it can break through the resistance at $0.0175, it could aim for higher prices.
However, in Jasmy's case, it's not just technicals; platform risk is significant. If delisting becomes a reality, short-term price fluctuations could become quite volatile. If it falls below the support level of $0.0143, further downside is possible. The future of Jasmy seems to hinge greatly on the voting results ahead.