Dear followers,
You can clearly see how the price exploded from the ❤️lower base and did not give sellers any real opportunity to intervene.
This strong green expansion tells us that demand has increased aggressively, and even after reaching the peaks, the price does not collapse again.
This kind of stop after a sharp push usually indicates strength, not weakness.
What I like here is how $JELLYJELLY JELLYJELLY Alpha 0.10832 +40.07% USDT holds above the previous breakout area.
Instead of panic selling, we see a controlled stop, which often acts as a ❤️base for the next move.
As long as this structure remains intact, the bias remains bullish and pullbacks are more likely to be bought.
I don't prefer chasing peaks.
A pullback or settling above support gives a cleaner and safer opportunity to participate.
Trade Setup
Entry Area: 0.104 – 0.109
Targets:
TP1: 0.118
TP2: 0.125
TP3: 0.135
Stop Loss: 0.097
Let the price come to you and manage risk properly.
If buyers continue to defend this area, the next leg of the continuation can unfold faster than most people expect.
#JELLYJELLY #Binance #BOoOoM #FOMCWatch