Guy's... $JELLYJELLY momentum check
#jellyjelly is showing strong momentum at 0.07061, up about 25%, with heavy 24h volume. The key point for me is that price is already close to the 0.07110 high, while the chart shows resistance around 0.07110–0.07199.
I wouldn’t chase the candle here. My preferred setup would be a pullback/retest around 0.0681–0.0690 and then watch for buyers to step back in.
Levels I’m watching:
Resistance: 0.07110 → 0.07199
Pullback zone: 0.06809–0.06900
Support: 0.06419
Deeper support: 0.06029
A clean break and hold above 0.07199 could change the structure, while losing 0.06809 would make me more cautious. Binance lists JELLYJELLYUSDT as a perpetual contract with 25× maximum leverage, so volatility and liquidation risk can be significant.
My view: momentum is bullish, but I’d rather wait for confirmation/retest than FOMO into the +25% move.
#jellyjelly is showing strong momentum at 0.07061, up about 25%, with heavy 24h volume. The key point for me is that price is already close to the 0.07110 high, while the chart shows resistance around 0.07110–0.07199.
I wouldn’t chase the candle here. My preferred setup would be a pullback/retest around 0.0681–0.0690 and then watch for buyers to step back in.
Levels I’m watching:
Resistance: 0.07110 → 0.07199
Pullback zone: 0.06809–0.06900
Support: 0.06419
Deeper support: 0.06029
A clean break and hold above 0.07199 could change the structure, while losing 0.06809 would make me more cautious. Binance lists JELLYJELLYUSDT as a perpetual contract with 25× maximum leverage, so volatility and liquidation risk can be significant.
My view: momentum is bullish, but I’d rather wait for confirmation/retest than FOMO into the +25% move.
