$JELLYJELLY is stabilizing after the pullback into the 0.07160 reaction zone and I am watching this closely because buyers stepped in strongly at that level and defended it with steady pressure. The 1h candles are forming a base with higher lows which shows early signs of momentum trying to rebuild after the sharp retrace from the highs. If this structure holds the next bounce becomes possible with a controlled push.
Here is my full setup from this chart.
Entry Point
0.07820 – 0.07590
Target Point
TP1: 0.08140
TP2: 0.08690
TP3: 0.09240
Stop Loss
0.07160
It is possible because every dip near 0.07590–0.07160 is getting absorbed quickly and selling pressure is reducing. If $JELLYJELLY stays above the support zone the move toward 0.08140 becomes the natural first step before momentum attempts 0.08690 again.
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JELLYJELLYUSDT
Prep
0.07657
+2.32%