$JELLYJELLY From the chart data and technical indicators, the JELLYJELLY/USDT perpetual contract is biased towards strength in the short term but carries a risk of correction. The current price is 0.09248, with a 24-hour increase of 37.31%, breaking through the MA7, MA25, and MA99 moving averages, indicating sufficient short-term bullish momentum; the 24h trading volume is 5.557 billion, with increased volume confirming capital inflow. However, the price is approaching the 24h high of 0.10102, showing resistance above, and the short-term increase is too large, indicating a technical correction is needed.

In the next 12 hours, it is highly likely to maintain a fluctuating upward trend to test previous highs. If it cannot effectively break through 0.10102, it will retreat to the range of 0.08 - 0.09 for consolidation; if it breaks through, there is potential to extend towards around 0.12, but one must be cautious of a rapid correction caused by shrinking volume, with the 0.08 level being an important support level.

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JELLYJELLYUSDT

Perp

0.10079

+2.25%