🔥 $JELLYJELLY LONG — MOMENTUM CONTINUATION PLAY 🔥
Entry Zone: 0.100 – 0.105
Stop Loss: 0.091
Take Profit Targets:
• TP1: 0.125
• TP2: 0.155
• TP3: 0.198
📈 Bullish Structure & Market Outlook:
$JELLYJELLY just delivered a powerful impulsive breakout backed by strong volume, breaking free from a long accumulation phase. After the surge, price is consolidating firmly above the key breakout area near 0.10, showing acceptance at higher levels rather than any meaningful distribution.
The retracement remains shallow and well-controlled, with repeated long lower wicks — clear evidence of aggressive dip-buying. This price action reflects strong demand absorption, not selling pressure. On the 1H timeframe, the structure is clean: impulse → flag → continuation, a classic setup that often precedes another expansion leg.
Post-breakout volume has eased, which is healthy and typical before continuation. As long as price holds above 0.091, the bullish structure stays fully valid. A break above the local range high exposes a clear liquidity pocket, paving the way toward the 0.15 – 0.20 extension zone.
🔥 Trend strength is evident, structure supports continuation, and momentum remains with the bulls.
This is a high-risk, high-reward setup — manage position size wisely and let your winners run. 🚀
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