$JELLYJELLY is trading at 0.08326, with a growth of +11% over the last 24 hours, while the RSI (24h) = 54.49, indicating a neutral-bullish market state. The asset has emerged from a local oversold phase and is currently consolidating, forming a base for the next impulse. Volumes remain stable, indicating a lack of aggressive profit-taking and sustained interest from buyers.
Technical picture:
The price is holding above the nearest support, and the market structure has not yet broken. The RSI is not overbought, leaving room for further upward movement. The key factor will be the price's reaction to the resistance zone — it will determine the further direction.
📈 Bullish scenario
Consolidation above 0.085–0.087 will open the way for growth.
Entry: $JELLYJELLY 0.084–0.086
TP: 0.090 / 0.097 / 0.105
SL: 2–3% from the entry point
📉 Bearish scenario
Losing support at 0.080 will increase selling pressure.
Entry: $JELLYJELLY 0.078–0.080
TP: 0.074 / 0.070
SL: 3–5% from the entry
⚠️ Risk management: use a small % of your deposit, as the price moves, it is recommended to move SL to breakeven to protect the position.
Share your view on JELLYJELLY in the comments — will we continue to grow or see a correction?
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