🔥$jellyjelly is hotter than ever, with a strong uptrend as the price consolidates near recent highs followed by a spectacular breakout.
I've been monitoring this closely, and the setup looks quite convincing. Here is my analysis:
- Volume: The massive volume spike (7.48B) on the breakout candle has changed the game — high volume confirms real buying interest. Even now, the volume remains high, indicating to me that this is not just hype; there is real participation.
- Capital Flow: An interesting divergence here — we've seen significant outflows in the medium term (3D: -17.94M, 5D: -27.91M), yet the price continues to rise. A classic sign of smart money quietly accumulating on dips before a pump.
- Price Action: The chart is textbook — prolonged consolidation between 0.035–0.055, then a breakout, 31.9% in one go. Now we are embracing higher levels with above-average volume, absorbing any profit-taking without much correction. It feels like the absorption phase before the next leg up.
My personal view $JELLYJELLY Maintain an optimistic mindset, strong momentum, but this one is very volatile (24h range 25%+), so risk management is key.
- Long Entry:
Main: Buy on dips to 0.072–0.075 (strong support)
Secondary: Aggressive entry point on breakout above 0.084 with strong volume confirmation
- Stop Loss: About 3.5% below the entry point (wider stop or smaller size to handle volatility)
- Target:
First profit-taking target: 0.095–0.100
Extended: 0.120–0.125 (recent high territory)
