The 5x Professor

$JELLYJELLY #CryptoMarketAnalysis #MarketPullback #MarketRouteToRecovery

First and foremost, we want to extend our deepest apologies to those affected by the recent sharp crash in JELLY/USDT. We recognize the emotional and financial impact this may have had, and we remain committed to rebuilding trust through transparency and responsible communication.

🔍 Technical Analysis – 1H Chart Overview

We’re currently observing a potential reversal formation following the recent price correction:

📌 Current Price: $0.07068

📉 Key Support Zone: $0.06709 – $0.07000

🟥 Stop Loss: $0.06000 (critical breakdown level)

🟩 Upside Targets (Fibonacci-Based):

• TP1: $0.08642

• TP2: $0.09844

• TP3: $0.10983

• Final TP: $0.12000

📈 Moving Averages (on the 1H chart):

• MA 7: $0.06987 (short-term turning upward)

• MA 25: $0.06814

• MA 99: $0.07351 (resistance area)

📊 Volume Analysis:

Recent volume spikes near support suggest early accumulation, possibly indicating a local bottom. We are watching for confirmation via bullish volume continuation.

🕵️‍♂️ Outlook:

We’ve reclaimed the key $0.07000 support zone and are pushing against a descending trendline. A breakout from this compression zone, accompanied by strong volume, could signal the next leg up.