#MyCOSTrade " of the JASMY/USDT 1-hour chart:

Previous Trend: The chart shows a strong downtrend leading into a period of sideways consolidation.

Key Range: The price established a clear range, with support around 0.01495 - 0.01500 (green line) and resistance around 0.01540 - 0.01550 (red line).

Current Situation: The price has recently broken decisively below the established support level (0.01495).

Implication: This breakdown suggests a potential continuation of the prior bearish trend. The former support is now likely to act as new resistance on any retest.

Annotated Target: The green arrow shows a 5.43% upside target to 0.01580. This target was likely valid if the support had held or if a breakout up had occurred. However, with the current breakdown, this immediate upside target is unlikely unless the price quickly reclaims the broken support, signaling a potential "bear trap."

In short: JASMY has broken a key support level, indicating a potential continuation of its downtrend. Watch for the broken support to act as resistance.