$JELLYJELLY (JELLY)
Long Liquidation: $1.32K at $0.0742
Market Vibe:
JELLYJELLY faced a small wave of long liquidations, shaking out weak hands — but the structure still holds strong. The market appears to be coiling up for its next major move, as traders eye a breakout from the recent compression zone.
Technical Picture:
Support Levels: $0.0725 – $0.0708
Resistance Levels: $0.0764 – $0.0789
JELLY is stabilizing near $0.074, where price consolidation often precedes volatility. If the bulls defend $0.072, momentum could push the token back above $0.078, signaling strength and potential breakout continuation.
Trade Strategy:
Buy Entry: $0.0728 – $0.0735
Target Range: $0.0785 – $0.0810
Stop-Loss: $0.0700
A strong daily close above $0.076 may trigger a bullish breakout, while a drop below $0.070 risks deeper correction. Keep watch for volume confirmation before entering.
Market Insight:
Despite liquidation pressure, JELLYJELLY maintains higher lows on the chart — a classic bullish accumulation signal. Traders are optimistic that renewed interest could soon lift price action toward the upper resistance zone.
Next Move:
If the market holds above $0.073, expect momentum toward $0.080+ in the coming sessions. Failure to defend support could open a short-term dip for reaccumulation opportunities.
let's go and Trade now $JELLYJELLY

