$JELLYJELLY Pushing into resistance, momentum starting to fade ⚠️
Trading Plan Short $JELLYJELLY (max 10x)
Entry: 0.0517 – 0.0543
SL: 0.0575
TP: 0.0480
TP: 0.0440
TP: 0.0400
Price is entering a reaction zone where the move up is beginning to look overextended. The bullish momentum that drove the earlier push is no longer showing the same strength, and continuation is starting to weaken.
Instead of clean breakout behavior, price action suggests sellers are stepping in and absorbing demand. If this resistance holds, it could trigger a downside rotation and potentially lead to a deeper corrective move.
JELLYJELLYUSDT
Perp
0.05166
-1.91%