JELLYJELLYUSDT

Market Structure

Overall bearish trend after a sharp pump from ~0.072 → 0.124.

Price is now making lower highs & lower lows.

Strong distribution phase followed by steady sell-off.

Volume has dried up → weak buying interest.

RSI ~24 → deeply oversold, bounce possible but trend still weak.

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Key Levels

Immediate Support: 0.0860 – 0.0850

Major Support: 0.0820 then 0.0780

Resistance: 0.0925 – 0.0950

Major Resistance: 0.100 – 0.104

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Trade Setups

🔴 Primary Setup: SHORT (Trend Continuation – Safer)

Entry:

Short on pullback near 0.092 – 0.095

Stop-Loss:

0.1015 (above breakdown zone)

Targets:

T1: 0.0860

T2: 0.0820

T3: 0.0780

Risk–Reward:

~1:2.5 to 1:3

Logic:

Bearish structure

Breakdown below prior support

Weak volume on retracements

Lower highs confirmation

Probability: ✅ 65–70%

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🟢 Counter-Trend LONG (Aggressive & Short-Term)

⚠️ Only for scalpers

Entry:

Near 0.0850 – 0.0860 (support zone)

Stop-Loss:

0.0820

Targets:

T1: 0.0900

T2: 0.0940

Risk–Reward:

~1:2

Logic:

RSI extremely oversold

Short-covering bounce possible

Support reaction trade only

Probability: ⚠️ 40–45%

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Final Verdict

Best Trade: Wait for a pullback and SHORT

Avoid chasing longs in a clear downtrend

If price breaks & holds below 0.082, expect accelerated dump