#JELLYJELLYUSD the chart for JELLY/USDT on the 5-minute timeframe, ( update -2)
Buy (Long) Entry:
Entry Point: Above 0.02290 with a clear candle close.
Why: Price is showing signs of recovery after a pullback, RSI(6) at 52.84 is neutral but rising, MACD is flattening near the zero line indicating potential bullish momentum, and volume is increasing slightly.
Sell (Short) Entry:
Entry Point: Below 0.02250 with a strong breakdown.
Why: Price breaking below MA(7) 0.02283 and MA(14) 0.02248,
RSI(14) at 54.34 is dropping, and MACD showing weakening momentum. A break below recent support at 0.02250 could confirm a bearish move.
Stop Loss & Target:
Long SL: 0.02240 | Take Profit: 0.02350+
Short SL: 0.02310 | Take Profit: 0.02180 #Write2Earn #FutureTradingSignals