$JELLYJELLY Picked Up Momentum, Strong Uptrend in Progress

Currently, price has reclaimed all major moving averages on the Daily timeframe, showing a clear shift in momentum after a long accumulation phase. The breakout above MA99 and MA200 attracted strong buying pressure, while the 15-minute chart continues to respect MA25 as dynamic support.

If bulls maintain control above the 0.080–0.075 region, we could see another leg higher toward 0.088–0.095. A clean breakout from there may open the door for 0.106, 0.115, and even 0.124.

However, some cooling off is normal after such a strong move. As long as price holds above 0.0735, the bullish structure remains intact. Losing that level would likely trigger a deeper retracement toward the 0.065–0.070 support zone.

For now, momentum belongs to the bulls, and the chart is showing one of the strongest recovery structures among recent movers. 📈

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