šŸ”„ $JELLYJELLY shows strong bullish momentum, consolidating near recent highs after an epic breakout. The setup looks convincing, backed by key technical indicators.

Volume metrics are significant. A massive spike (7.48B) on the breakout candle confirmed genuine buying interest. Elevated volumes continue, indicating sustained participation, not just speculative hype.

Interestingly, capital flows show divergence. We observed net outflows in the medium term (3D: -17.94M, 5D: -27.91M) while price climbed. This often signals smart money accumulating quietly on dips before a further push.

Price action is textbook. After prolonged consolidation between 0.035–0.055, a 31.9% explosion followed. $JELLYJELLY now hugs the highs with above-average volume, absorbing profit-taking without significant pullbacks. This suggests an absorption phase before the next leg up.

Overall, the outlook remains cautiously bullish for $JELLYJELLY. However, volatility is high (24h range 25%+), making disciplined risk management crucial for any positions.

šŸ“ˆ Trading Plan:
Entry Long:
Primary: Dip buy on pullback to 0.072–0.075 (solid support confluence)
Secondary: Aggressive entry on breakout above 0.084 with strong volume confirmation

SL: Around 3.5% below entry (consider wider stops or smaller size for volatility)

TP:
First: 0.095–0.100
Stretch: 0.120–0.125 (recent high territory)

What are your thoughts on $JELLYJELLY? Are you riding this momentum or waiting for a deeper pullback? Share your insights! šŸ‘‡

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