$JELLYJELLY
JELLYJELLYUSDT – Sharp Reversal Loading? Bulls Trying to Regain Control
JELLYJELLYUSDT is trading around $0.1162, showing early signs of a potential bottom reversal after a steep correction of over -25%. Price is forming a short-term double-bottom near $0.1115, with the EMA(9) flattening and MACD beginning to cross upward — hinting that selling pressure might be easing.
Trade Plan
Entry (Long): $0.1155 – $0.1165 (buy near local support for better risk–reward)
Target 1: $0.1198 (resistance zone / volume shelf)
Target 2: $0.1240 (potential bounce extension zone)
Stop Loss: $0.1110 (below key swing low support)
My View
After a heavy dump, JELLYJELLY is showing stabilization with volume support and momentum divergence on lower timeframes.
If bulls manage to hold above $0.115, expect a quick relief rally toward $0.120+.
Momentum still fragile, but risk–reward favors bulls at current levels.
Bias: Cautiously Bullish above $0.115, Neutral below $0.111.
Disclaimer: This analysis is for educational purposes only, not financial advice. Always DYOR before trading.