🚨 MARKET UPDATE: Scenario & Probability $JELLYJELLY (Post-Correction)
After a sharp correction breaking the support at $0.124, JELLYJELLY/USDT is now in the crucial area of $0.118. The StochRSI indicator on the 15-Minute Timeframe has touched the floor (0.00), indicating very saturated short-term selling pressure.
Here is the Probability Matrix for the next movements:
📊 SCENARIO A: The Oversold Bounce (Aggressive Scalp)
Probability: 60%
Condition: Buyers are entering taking advantage of low prices at support $0.1170 - $0.1180 due to the oversold indicator.
🔵 Entry Zone: $0.1175 - $0.1190 (Current Price)
🎯 Target (TP): $0.1235 (Retest Breakdown Level) & $0.1280 (Mid-BB 15m)
🛑 Stop Loss: $0.1150 (Must be tight)
Risk: High. Against the falling momentum ("Catching falling knife").
📉 SCENARIO B: Deep Correction to 4H Support (Conservative)
Probability: 40%
Condition: If support $0.1170 breaks, the price will seek equilibrium at the midline of the 4 Hour Bollinger Band.
🔵 Wait & Buy Zone: $0.1020 - $0.1050 (Mid-BB 4H Area)
🎯 Target (TP): $0.1180 - $0.1250
🛑 Stop Loss: $0.0980
Risk: Medium. This is a Strong Support area in the macro trend.
💡 Technical Insight & Strategy
Indicator Status: The 15m timeframe shows the price is outside the Lower Bollinger Band with StochRSI 0.00. Statistically, the price tends to be "pulled" back into the band (area $0.120+).
Recommendation:
Aggressive Traders can take Scenario A with small leverage (due to high volatility).
Conservative Traders should Wait and See for Scenario B to occur for a safer entry.
⚠️ Disclaimer: The short-term market structure is in Bearish Correction. Do not FOMO. Use cold money. DYOR.
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