$jellyjelly s establishing a constructive consolidation base on the 15-minute perpetual chart, maintaining a positive 24-hour gain of +3.07%. As shown in Screenshot_20260531_230252.jpg, after building momentum from its 24-hour low of 0.05698, a strong upward expansion drove the asset to test liquidity near its 24-hour high of 0.06185. Following this localized spike, the price action experienced a controlled, stair-stepping technical correction to shake out over-leveraged market participants. Currently trading at 0.05944, the asset is compressing into a stable horizontal demand shelf as buyers step in to absorb residual supply, keeping the structure optimized for a secondary continuation breakout.

Target 1: 0.06550

Target 2: 0.07100

Target 3: 0.07650

#JELLYJELLY #CryptoAnalysis #Perpetual