$JELLYJELLY : Bullish Momentum Continuation 🚀
Trading Setup: Long
Entry Zone: 0.097 – 0.101
SL: 0.091
TP1: 0.11
TP2: 0.12
Technical Analysis
$JELLYJ$JELLYJELLY ently demonstrating strong bullish continuation, building on a clean structure of higher lows. Buyers are actively defending the support and pushing the price back toward the key 0.10 psychological and resistance level.
Current Context: The token has experienced massive volatility and parabolic moves (with over 90% gains in the past week), and is now consolidating near recent highs, which often precedes the next leg up. The price is trading around $0.09 at the time of this analysis.
Structure: The market is confirming bullish control as it holds above the recent breakout zone, signaling that upside continuation remains likely. The technical rating often shows a "Strong Buy" signal in this phase.
Execution Trigger
The setup identifies a bullish trend continuation play. A successful entry in the 0.095 – 0.097 zone capitalizes on the momentum, provided the price holds firmly above the 0.091 Stop-Loss level. The trade targets a break of the 0.10 resistance, aiming for 0.102 and 0.108 as profit levels.