The chart is mixed right now, so patience is justified unless a better entry appears.
In the current Sideways Volatile regime, the best-fit approach is Wait for breakout confirmation. Price is still non-directional, but volatility is elevated, so false moves are more common and waiting for a cleaner breakout confirmation is usually the better setup.
Melancholy Jimmy support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₇1637 - $0.0₇1653 | |
| Support 2 | $0.0₇1424 - $0.0₇1456 | |
| Support 3 | $0.0₇1349 - $0.0₇1393 | |
| Support 4 | $0.0₇1266 - $0.0₇1297 | |
| Resistance 1 | $0.0₇1749 - $0.0₇1766 | |
| Resistance 2 | $0.0₇1934 - $0.0₇1963 | |
| Resistance 3 | $0.0₇3572 - $0.0₇3588 | |
| Active 1 | $0.0₇1704 - $0.0₇1720 |
JIMMY clears the resistance zone at $0.0₇1749 - $0.0₇1766 and holds above it. That would strengthen the breakout case and shift attention to $0.0₇1934 - $0.0₇1963.
JIMMY loses the support zone at $0.0₇1637 - $0.0₇1653. That would weaken the setup and open the way toward $0.0₇1424 - $0.0₇1456.
JIMMY continues trading between $0.0₇1653 and $0.0₇1749. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₇1764 | Bearish | JIMMY is trading below the 50-day average. |
| SMA200 | $0.0₇1397 | Bullish | JIMMY remains above the long-term trend line. |
| EMA50 | $0.0₇1705 | Bullish | JIMMY is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₇5652 | Bearish | JIMMY is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 30.21 | Neutral | RSI (14) is at 30.21, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | -2.579e-10 | Bearish | MACD is below its signal line. |
| ATR | 0.9605% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₇1932 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -51.28 | Neutral | CCI (20) is at -51.28, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-1.388e-9 | Bearish | Awesome Oscillator is below zero at $-1.388e-9, which supports bearish momentum. |
| Williams Percent Range (14) | -100.00 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -100.00. |
| Bull Bear Power (13) | $-2.495e-10 | Bearish | Bull Bear Power (13) is negative at $-2.495e-10, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 0.00 | Oversold | Ultimate Oscillator is weak at 0.00, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₇1712 | Bullish | JIMMY is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₇1827 | Bearish | JIMMY is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Melancholy Jimmy price was most positively correlated with the price of Sun Token (SUN), Aave (AAVE), Quant (QNT), Decred (DCR) and VeChain (VET) and most negatively correlated with the price of Beldex (BDX), KuCoin Token (KCS), BitTorrent (BTT), Stacks (STX) and Basic Attention Token (BAT).
| Name | Correlation |
|---|---|
| Sun Token | 0.727 |
| Aave | 0.723 |
| Quant | 0.691 |
| Decred | 0.633 |
| VeChain | 0.616 |
| Name | Correlation |
|---|---|
| Beldex | -0.861 |
| KuCoin Token | -0.770 |
| BitTorrent | -0.709 |
| Stacks | -0.657 |
| Basic Attention Token | -0.628 |
Melancholy Jimmy price is positively correlated with the top 10 coins by market cap with a price of 0.058, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.159. Currencies that are positively correlated with Melancholy Jimmy indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Melancholy Jimmy, a move in one direction for Melancholy Jimmy would translate into a move in the opposite direction for the negatively correlated coin.
