$JELLYJELLY /USDT 🔻 BEARISH MOMENTUM CONTINUES

📉 Technical Overview (15m Chart)

$JELLYJELLY is showing weak highs and a downward bias. The price is trending near equilibrium but failing to hold above key resistance, indicating sellers remain in control.

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💎 Key Levels:

Resistance: $0.1667 – $0.1700

Current Price: $0.1566

Support: $0.1540 – $0.1500

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🎯 Trade Setup:

Position: SHORT 🔴

Entry: $0.1560 – $0.1570

Targets (TP):

TP1: $0.1540

TP2: $0.1500

TP3: $0.1450

Stop Loss (SL): $0.1600 (above strong resistance)

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⚠️ Risk Management:

Risk 1–2% per trade, move SL to break-even after TP1. Scale out partial positions at each TP. 🛡️💰

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