$JELLYJELLY USDT BEARISH PRESSURE WITH SUPPORT TEST UNDERWAY

The $JELLYJELLY USDT pair is showing signs of bearish pressure after failing to sustain above the 24-hour high near 0.02484. Price is currently testing support around 0.0236 amid moderate volume of 185 million tokens traded. The lack of strong buying momentum suggests potential for further downside.

SHORT ENTRY: Consider entering short on a break below 0.0235 to capture continued downside.

TARGETS:

First target at 0.0230

Second target at 0.0225

STOP LOSS: Place stop loss above 0.0250 to protect against unexpected bullish reversals.

RISK MANAGEMENT: Maintain a risk-to-reward ratio of at least 1:2. Limit risk to 1-2% of total capital per trade.

This setup favors bearish continuation as $JELLYJELLYUSDT tests critical support levels.

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