$JELLYJELLY USDT Perpetual – 15m Technical Analysis

Price action

Price is trading around 0.1038 after a strong intraday push. Structure shows higher highs and higher lows, indicating a short-term bullish trend. Recent candles show consolidation after a spike, suggesting a pause before the next move.

Moving averages

MA(7) is above MA(25), showing short-term bullish momentum.

MA(25) is slightly above MA(99), confirming trend improvement.

Price is hovering near MA(7) and MA(99), which acts as a dynamic support zone.

Support levels

0.1020 – 0.1005 immediate support zone aligned with MA(25).

0.0965 – 0.0950 strong demand area and previous base.

Below 0.0950 would weaken the bullish structure.

Resistance levels

0.1055 – 0.1082 short-term resistance from recent highs.

0.1120 – 0.1240 major resistance zone near the 24h high.

Volume

Volume expanded during the impulsive bullish move and cooled off during consolidation. This is healthy behavior and suggests accumulation rather than distribution.

Bias

Bullish above 0.1005.

Continuation likely if price holds above MA(25) and breaks 0.1055 with volume.

Rejection below 0.1005 may trigger a pullback toward 0.0965.

Trade perspective

Aggressive longs: Near 0.1015 – 0.1025 with tight risk.

Confirmation longs: Break and hold above 0.1055.

Invalidation: Sustained move below 0.0950.

Overall trend remains bullish in the short term with consolidation before a potential continuation move.