📌 Pair: $JELLYJELLY /USDT
🕒 Timeframe: 1-Week Swing Trade
📅 Plan Valid: December 14 – December 21, 2024
✅ Entry Zone:
0.08000 – 0.08400
Pullback into support after a +10.44% rally
🎯 Take-Profit Targets:
TP1: 0.08800 – 0.09000
TP2: 0.09200 – 0.09400
TP3: 0.09600 – 0.09800
🛑 Stop Loss:
0.07500
(Below key support and 24h low buffer)
📊 Key Levels:
Support: 0.08000 → 0.07700 → 0.07240 (24h Low)
Resistance: 0.09000 → 0.09200 → 0.09556 (24h High) → 0.09800+🧠 Strategy & Rationale:
JELLYJELLY has gained +10.44% with extremely high volume (1.90B tokens / $156.47M USDT). The price is currently consolidating near 0.08787 after approaching the 24h high of 0.09556.
A pullback to the 0.08000–0.08400 support zone would offer a favorable risk/reward entry for a swing toward the recent high and potentially beyond over the next week.
Why this setup works:
Massive volume indicates strong trader interest and liquidity
Clear support and resistance levels visible on the chart
Current consolidation suggests potential for continuation
Pullback entry provides better risk management vs. buying at current levels
Risk Management:
Use 2–3% of capital per trade
Consider scaling into the position across the entry zone
Move stop loss to break-even once TP1 is hit
Take partial profits at TP1 and TP2, trail the remainder
📈 Setup Type: Pullback Buy in High-Volume Uptrend
⚖️ Risk/Reward: ~1:3
✅ Confidence: Medium
👉 Trade with discipline—stick to your plan, manage risk wisely, and avoid emotional decisions.
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