$JELLYJELLY Analysis – Bullish Breakout Alert!
As of 1:00 AM, JELLYJELLYUSDT has shown an impressive +14.59% gain, trading at $0.03307. The 15-minute chart displays a strong bullish breakout, with the price hitting a 24-hour high of $0.03332, up from a low of $0.02674.
Key Highlights:
• Bullish Momentum: The price surged above all short-term EMAs (7, 25, and 99), signaling strong upward momentum.
• Volume Spike: A sharp rise in trading volume confirms buyers are entering aggressively, often a precursor to further upside.
• Trend Confirmation: With the EMA(7) at 0.03172 and price significantly above it, bulls are firmly in control.
What’s Next?
If the bullish volume sustains, we could see an attempt to establish support above the $0.033 level and possibly challenge new local highs. However, traders should watch for potential pullbacks or fakeouts at resistance zones.
Strategy Tip: A short-term pullback to the $0.0322–$0.0325 range could provide a good re-entry for bullish continuation, but stay cautious of sudden reversals.
