🔥$JELLYJELLY is absolutely on fire right now, strong bullish momentum*l with the price consolidating near recent highs after that epic breakout.
I've been watching this one closely, and the setup looks pretty convincing. Here's my breakdown:
- Volume: That massive spike (7.48B) on the breakout candle was a game-changer — huge volume confirmed real buying interest. Even now, volumes are staying elevated, which tells me this isn't just hype; there's genuine participation.
- Capital flows: Interesting divergence here — we've seen big net outflows in the medium term (3D: -17.94M, 5D: -27.91M), but price has kept climbing. Classic sign of smart money quietly accumulating on the dips before the pump.
- Price action: The chart is textbook — prolonged consolidation between 0.035–0.055, then boom, 31.9% explosion in one go. Now we're hugging the highs with above-average volume, absorbing any profit-taking without much pullback. Feels like absorption phase before the next leg up.
My personal view $JELLYJELLY Staying cautiously bullish, momentum is strong, but this thing is very volatile (24h range 25%+), so risk management is key.
- Entry long:
Primary: Dip buy on pullback to 0.072–0.075 (solid support confluence)
Secondary: Aggressive entry on breakout above 0.084 with strong volume confirmation
- Stop-loss: Around 3.5% below entry (wider stops or smaller size to handle the swings)
- Targets:
First take-profit: 0.095–0.100
Stretch: 0.120–0.125 (recent high territory)
Anyone else riding JELLYJELLY right now? Or you waiting for a deeper pullback? Drop your thoughts or charts! 🚀📈 #jellyjelly #JellyJellyUSDT