🚨 $JELLYJELLY — Resistance Breakout | Expected Buy Trade for Strong Movement 🟢🚀
Trading Plan: Buy (LONG)
Entry Zone: 0.076 – 0.078
Take Profit Targets:
🎯 Target One (TP1): 0.083
🎯 Target Two (TP2): 0.086
🎯 Target Three (TP3): 0.089
Stop Loss: 0.073
🔥 Technical Analysis:
On the H4 and H1 timeframes, it confirmed $JELLYJELLY 's breakout of the lower accumulation zone, with the recovery of the moving averages EMA 10 / 25 / 50, indicating a clear shift in price structure towards the upside.
The price is currently retesting EMA(10) as support, with a gradual increase in demand.
On the 15-minute timeframe, the Relative Strength Index (RSI) is moving upward from the neutral zone, indicating a return of positive momentum. This scenario supports the continuation of the rise towards higher resistance levels, with the possibility of extending the movement to the 0.096 area if momentum accelerates.
📈 General Trend: Bullish
⚠️ Risk management is essential, and it's preferable to move the stop loss after reaching the first target.
$RAVE
