I’m watching $JELLYJELLY after a sharp pullback into a strong intraday demand zone. Price rejected the lows and printed a clean bounce which tells me buyers are stepping back in. Momentum is cooling but structure is still holding.
Trade Setup (Long)
Entry Zone: 0.0980 – 0.1010
Target 1: 0.1085
Target 2: 0.1140
Stop Loss: 0.0948
Why this setup works
I’m trading a reaction from a key support area after a corrective move. The sell pressure is slowing down and the bounce shows demand absorption. Risk to reward is clean with a tight stop below the recent low and upside into prior resistance. If volume expands on continuation this move can extend fast.
JELLYJELLYUSDT
Perp
0.09925
-11.58%
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