🤖 AI Insight

Based on the current technical analysis, the price of JASMYUSDT is trading around 0.01837. Here's a brief explanation of each analysis indicator for 1-hour chart:

**EMA7:** EMA (Exponential Moving Average) with a period of 7 shows a value of 0.018567864952222, which implies a more recent trend perspective with a little higher than the price.

**EMA25:** EMA with a period of 25 provides a value of 0.017986669747692. This indicator shows a slightly older trend perspective than the EMA7 but is still bullish.

**RSI14:** The Relative Strength Index (RSI) at 14-periods shows a value of 60.686122143307, indicating an overbought condition; but considering the bearish trend due to volume decreasing, it suggests a potential bounce back from support levels.

**MACD:** The MACD shows a value of 0.0004862621204808. Considering that the MACD is below both the signal line (0.00099700789424461, not shown in the chart) and the histogram (0.00041074576984345), it demonstrates a bearish signal. However, the trend is slightly bullish due to lower values in MACD and signal line.

**Resistance:** The nearest resistance level for JASMYUSDT can be found at 0.01934.

**Support:** The immediate support level for JASMYUSDT is at 0.01439.

Given the current bearish indicators and decreasing volume trend, I recommend considering the support level of 0.01439 as the most suitable entry point for going long. If you prefer a higher entry point, wait for a break above the resistance level of 0.01934 to open a long position. In either case, it is crucial to closely monitor the indicators mentioned (RSI, MACD) and to wait for a crossover of signals before entering a long position.

For short positions, consider entering around the resistive zone between 0.01934 and 0.02075.

It is important to note that these entries are based on short-term technical analysis and are subject to change. Always review other indicators, consider your risk tolerance, and consult with a financial advisor before making any investment decisions.