$JELLYJELLY Strong comeback... the bulls are defending the support at 0.055
Momentum is increasing while the main support holds
Trade setup (long)
Entry: 0.0585 – 0.0605
Stop loss: 0.0545
Take profit: 0.0650 – 0.0700
JELLYJELLY has shown a strong bounce after testing the support zone at 0.05541. The price is forming higher lows and buyers are stepping back in, indicating strength in the market as the price reaches 0.06091 with a gain of +4.96%.
As long as 0.055 holds, the trend remains bullish. A clean move above the recent highs near 0.07069 could push the price higher. Keep your focus on support and trade with confirmation.
$JELLYJELLY
Momentum is increasing while the main support holds
Trade setup (long)
Entry: 0.0585 – 0.0605
Stop loss: 0.0545
Take profit: 0.0650 – 0.0700
JELLYJELLY has shown a strong bounce after testing the support zone at 0.05541. The price is forming higher lows and buyers are stepping back in, indicating strength in the market as the price reaches 0.06091 with a gain of +4.96%.
As long as 0.055 holds, the trend remains bullish. A clean move above the recent highs near 0.07069 could push the price higher. Keep your focus on support and trade with confirmation.
$JELLYJELLY