$JELLYJELLY Long Setup 🚀
Entry Zone: 0.06150 – 0.05800
Stop Loss: 0.05670
Take Profit Targets:
🎯 TP1: 0.06800
🎯 TP2: 0.07500
🎯 TP3: 0.08400
Bullish Thesis 📈
After a prolonged downtrend from the 0.14136 high, $JELLYJELLY is showing early bottoming behavior near the 0.05855 key support. Selling pressure is clearly drying up, with declining volume during consolidation — a classic sign of bearish exhaustion.
On the 4H timeframe, price is stabilizing above recent lows while MA(7) begins to flatten, signaling a loss of downside momentum and potential trend transition. This structure favors a mean-reversion bounce and possible trend reversal if buyers step in.
Risk–Reward: Favorable ✅
Bias: Bullish continuation from support ⚡
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