🚀 $JELLYJELLY : Pump with continuation? The bullish trend holds!
Brief overview:
JELLYJELLY on 1H showed a strong impulse after breaking out of consolidation 0.06–0.07. The price reached a high of ~0.0967 and is currently correcting to 0.08423 (+21.75% in 24 hours). The current pullback looks healthy and fits the logic of continuing the upward trend.
🚨Indicators (briefly):
EMA 21/50/99: 0.0778 / 0.0758 / 0.0790 — price is above all EMAs, bullish trend.
MACD: positive histogram, momentum remains.
RSI (14): ~60 — no overheating, there is room for growth.
Stochastic: in the upper zone, local pullbacks are possible.
Volume: high after the pump (≈1.31 billion in 24h) — buyer interest remains.
💰Trading plan (main scenario — LONG):
➡️Entry:
• aggressively — 0.083–0.085
• conservatively — bounce from 0.079–0.080 (EMA99 zone)
⛔️Stop-loss: 0.074 (below EMA50 and structure, risk ~12%).
🎯Targets:
1️⃣ 0.0967 — previous high (≈15%)
2️⃣ 0.105 — impulse expansion (≈25%)
3️⃣ 0.120 — if volumes are maintained (≈42%)
🔴Alternative: short is possible only if it consolidates below 0.074 — secondary scenario.
Conclusion: the trend remains bullish, the current correction is a working zone for seeking longs. If it holds above 0.08, the probability of updating highs remains. 📈
Trading 👉$JELLYJELLY
