📢 $JELLYJELLY / USDT | 🔴 SHORT | ⭐ 77%
🎯 Objective: $0.05503873. Does it reach it?
🎯 Trading levels:
🔴 Entry: $0.0562
🛑 Stop Loss: $0.056845
🏁 TP1: $0.055039
🏁 TP2: $0.054394
🏁 TP3: $0.053619
📈 Analysis:
The asset shows a clear bearish structure on 4-hour timeframes, confirmed by the formation of lower highs and breakouts of previous levels. The selling pressure is supported by a significant increase in trading volume and a rejection signal in the resistance zone. With the MACD indicator showing a prevailing bearish trend, sellers maintain control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish structure is identified when the price creates progressively lower peaks, suggesting that sellers have more strength than buyers in the market.
#crypto #JELLYJELLY #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Research on your own and decide calmly.
🎯 Objective: $0.05503873. Does it reach it?
🎯 Trading levels:
🔴 Entry: $0.0562
🛑 Stop Loss: $0.056845
🏁 TP1: $0.055039
🏁 TP2: $0.054394
🏁 TP3: $0.053619
📈 Analysis:
The asset shows a clear bearish structure on 4-hour timeframes, confirmed by the formation of lower highs and breakouts of previous levels. The selling pressure is supported by a significant increase in trading volume and a rejection signal in the resistance zone. With the MACD indicator showing a prevailing bearish trend, sellers maintain control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish structure is identified when the price creates progressively lower peaks, suggesting that sellers have more strength than buyers in the market.
#crypto #JELLYJELLY #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Research on your own and decide calmly.
