Guys, $JELLYJELLY is heating up fast after a sharp breakout and strong impulsive move from the base.
Price exploded higher with aggressive buying pressure and high momentum, breaking out of the recent range cleanly. Buyers are clearly in control after reclaiming key levels.
After such a vertical push, a short pullback or consolidation is normal, but as long as price holds above the breakout zone, the bullish structure remains intact.
Key support:
0.0635 – 0.0605
Resistance / next targets:
0.0708
0.0750 – 0.0800 if momentum continues
Direction is bullish. Trend favors higher prices. Avoid chasing big green candles and wait for pullbacks or consolidation for safer entries.
JELLYJELLYUSDT
Perp
0.05384
+2.10%