$JELLYJELLY made a sharp impulsive run toward 0.14, followed by a clear distribution phase and a decisive breakdown. That move trapped late longs, and price has since dumped back into the prior demand zone with strong bearish momentum.
🌞After the breakdown, price failed to reclaim the 0.085–0.090 area and is now grinding sideways near the lows. This kind of structure points to continuation weakness, not a healthy rebound. Each small green candle is being sold quickly, confirming seller control.
The former support around 0.082 has flipped into resistance. While price remains below this level, short-side scalps remain favored. The next notable demand zone sits around 0.070–0.068, aligning with the recent liquidity sweep.
⚡When to Consider Longs
Only if price reclaims and holds above 0.085 with strong volume and follow-through. Until then, shorts carry the higher probability.
🔽 Short Scalp Setup
Entry: 0.078 – 0.083
TP1: 0.072
TP2: 0.068
Stop Loss: 0.087
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Move stop to entry after TP1 hits
💥
Short #JELLYJELLY 👇
JELLYJELLYUSDT | Perp
Current Price: 0.07627
24h Change: -39.33%
