$JASMY is currently facing a minor bearish trend, evidenced by a 3.706% decline over the past 24 hours, trading between the Bollinger Bands' upper limit at 0.01580 and lower limit at 0.01528. With a support level at 0.01521 and resistance at 0.0162, the overall downtrend suggests traders adopt a short-term strategy to capitalize on volatility. Macroeconomic factors, such as inflation concerns and regulatory developments, may further weigh on sentiment, while Bitcoin's undefined influence complicates correlations. Key takeaway: despite the market's headwinds, consistent monitoring of both macroeconomic indicators and JASMY's price movements will be essential for navigating potential rebounds.
