technical analysis and trade signal for $JASMY /USDT, with three target levels and trade momentum:

Current Price: $0.03948 (+6.76%)

Trend Analysis: JASMY/USDT has shown a bullish trend in the past 24 hours, trading at a key support level around $0.03655 and breaking a recent resistance at $0.03984. The price action indicates strong upward momentum.

Support and Resistance Levels:

Support Level: $0.03655 (Strong support, holding the price above this level)

Resistance Level: $0.03984 (Immediate resistance that needs to be broken for further bullish momentum)

Key Indicators:

Relative Strength Index (RSI): Currently around 65, indicating that the asset is nearing the overbought region, suggesting caution.

Moving Averages (MA): The 50-period MA is above the 200-period MA, confirming an ongoing bullish trend.

Volume Analysis: Volume has increased, which is a positive indicator for the continuation of the upward trend.

Trade Signal:

Buy Signal: Enter a long position near $0.03948, ideally on any pullbacks around $0.03700–$0.03800.

Target Levels:

1. Target 1 (T1): $0.04150 (First resistance area, potential short-term profit-taking level)

2. Target 2 (T2): $0.04300 (Next significant resistance, where the price might face increased selling pressure)

3. Target 3 (T3): $0.04500 (If the bullish momentum continues, this could be a longer-term target)

Momentum:

Momentum Indicator: The overall momentum remains bullish, with the price consistently above the support level and breaking through resistance.

Entry Strategy: Long entry at or near the support levels of $0.03700–$0.03800.

Stop-Loss: Place a stop-loss at $0.03600, just below the support level, to protect from any major downside movement.

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