$JELLYJELLY trade setup 🔥🔥🔥
JELLYJELLYUSDT
Prep
0.07744
+2.96%
Entry Price:0.07630
Stoploss: 0.07800
TARGET1:0.07450
TARGET2: 0.07300
TARGET3:0.07100
*Reason for the Trade:*
The price has broken below a clear demand zone (around 0.0763) and formed a series of lower highs & lower lows on the 15‑minute timeframe. The candlestick pattern shows a strong bearish move with a big red candle breaking the previous support, indicating supply pressure. SMC logic suggests the market is shifting liquidity to the downside, and the RSI(14) is below 45, signalling weakening momentum. The trade targets the next visible support levels while placing the stop above the recent high to protect against a reversal.