The price of Jasmy Coin has continued to decline, reaching a 63% drop from its December high and firmly placing it in a bear market. This downward trend coincides with a broader market downturn and a decrease in the crypto fear and greed index, reflecting increased market uncertainty and fear. However, there are signs that Jasmy holders are not selling their coins, as the number of JASMY holders has increased. Additionally, the decline in exchange balances suggests that investors are holding onto their tokens in the hopes of a rebound. The formation of a falling wedge pattern and the low levels of the Relative Strength Index and Percentage Price Oscillator indicate the potential for a rebound in the future.



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