$JELLYJELLY JELLYJELLY is showing a textbook bullish continuation setup after a healthy retracement from the recent explosive move.
• Massive breakout volume confirms institutional interest. Volume peaked above 1.6B, signaling conviction behind the breakout.
• Support reclaimed near 0.02780 and bounce off MA(25) suggests bulls are defending this zone hard.
• Moving average compression between MA(10), MA(25), and MA(50) suggests a squeeze—typically a precursor to another impulse leg up.
• RSI(6) stabilized at 46.93, and RSI(24) > 52, implying momentum has cooled off just enough for another push without overbought conditions.
• MACD histogram is flattening, setting up for a bullish cross above the zero line.
Bias: Bullish continuation
Range to watch: 0.036 → 0.048
Breakout level: 0.03988 (24h high)
Pullback is healthy. Whales are shaking out weak hands. The next leg could be explosive.