$JELLYJELLY
JELLYJELLYUSDT – Oversold & Stabilizing, Bounce Potential Building at $0.058 Zone
JELLYJELLYUSDT is currently trading near $0.0586, after a sharp intraday pullback of more than 57%.
Despite the heavy drop, the token is showing early stabilization signs right above a key liquidity pocket (0.0575–0.059), with volume gradually increasing.
The EMA(9) is flattening, and MACD is attempting a cross, hinting that selling pressure may be easing for now.
Trade Plan
Entry (Long): $0.0580 – $0.0590 (accumulate near support zone)
Target 1: $0.0615 (minor resistance & mean reversion level)
Target 2: $0.0640 (upper liquidity zone & exit area)
Stop Loss: $0.0565 (below key volume base & structural support)
Reason:
After an extreme sell-off, JELLYJELLY is forming a potential short-term base around $0.058 — where buyers are quietly stepping in.
If volume holds steady and the token reclaims $0.0595, it could trigger a short-covering move toward the $0.064 range.
The risk-reward setup favors a bounce play here, provided strict stop discipline is maintained.
My View
This looks like a classic mean-reversion setup after panic selling.
If price can hold above $0.0578 and reclaim $0.0595 with momentum, I expect a relief bounce.
Not a trending move yet — but one that smart scalpers and short-term traders can capitalize on.
Bias: Bullish above $0.0578 | Bearish below $0.0565
Disclaimer: This analysis is for educational purposes only and not financial advice. Always DYOR before trading.
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