JELLYJELLYUSDT: To Buy or Not to Buy? -16.05% Correction! What Now? ๐ค๐ค...
Hey Crypto Traders! ๐ซ๐.....
JELLYJELLYUSDT is currently at a crucial phase! After a massive rally over the past few days, this coin is now trading at $0.08146 with a huge correction of -16.05%. Here are some key points for those looking to buy now:
๐ Chart Analysis: To Buy or Not to Buy?
| Detail | Value |
| Current Price | $0.08146 ๐ |
| 24h Change | -16.05% (Heavy Selling Pressure) |
| 24h Low | $0.07465 |
โข Trend: The last 4-hour candles are bearish. However, the $0.07465 level, which is the 24-hour low, has the potential to act as a strong Key Support.
โข Conclusion: For those looking to buy, it is best to wait until this correction is complete or until a strong support level is established, in order to reduce risk.
โ ๏ธ To Buy or Not to Buy? (Trading Decision)
| Decision | Explanation |
| Buy Immediately?
| No. The price is highly volatile. The market may fall further. Traders are currently booking profits. |
| When Can I Buy?
| Wait for Key Support. You can consider buying with a small position size if the price stabilizes (consolidates) at $0.07500, or if a Green Candle forms from that level, indicating increasing momentum. |
| If You Want to Buy Despite the Risk?
| If you are willing to take high risk, enter at $0.08000 and strictly set a Stop-Loss (SL) at $0.07400. |
๐ฏ Trading Plan (If You Decide to Buy)
| Action | Price Level | Explanation |
| Safe Entry | $0.07500 - $0.07800 | Buyers are likely to enter this strong support zone. |
| Stop-Loss (SL) | $0.07000 | Essential to prevent huge losses if the support breaks. |
| First Target | $0.09000 | Immediate resistance after the correction. Some profit can be booked here. |
Important Note: JELLYJELLYUSDT is a new and volatile coin. Therefore, trade only with proper Risk Management!
Will you wait for a bounce in JELLYJELLY? Or will you buy now? Comment below! ๐
#Crypto #JELLYJELLY #TradingDecision #BuyTheDip
