$ETH

JASMY-USDT- 1 Day timeframe

The price action has recently shown bullish momentum, breaking decisively above the critical breakout resistance (red dashed line at approximately 0.01798). This breakout indicates strong buying pressure, which could push the price higher towards the immediate target level at around 0.02092 (white line). The bullish crossover of the 20 SMA (blue line) above the 50 MA (red line) further supports the bullish outlook, suggesting a short-to-medium term uptrend. Volume also appears strong, confirming buyer conviction. On any potential retracement, the price is likely to find support first at the recent breakout level (0.01798) and then at the next key support at approximately 0.01584 (green line).