$JELLYJELLY — Rising Trendline Breakdown Near 0.070 Supply, Flush Loading 📉
Trade Plan: Short $JELLYJELLY
Entry: 0.69 - 0.70
SL: 0.07174
TP: 0.06613 | 0.06284 | 0.05922
Why this Setup?
Price is showing rejection around the 0.069 - 0.070 supply area after a strong upside move, with the rising trendline beginning to break down. A sustained move below the trendline could open the path toward the marked support levels at 0.06613, 0.06284 and 0.05922. As long as 0.07174 holds, the bearish setup remains valid.
Trade $JELLYJELLY here 👇
Trade Plan: Short $JELLYJELLY
Entry: 0.69 - 0.70
SL: 0.07174
TP: 0.06613 | 0.06284 | 0.05922
Why this Setup?
Price is showing rejection around the 0.069 - 0.070 supply area after a strong upside move, with the rising trendline beginning to break down. A sustained move below the trendline could open the path toward the marked support levels at 0.06613, 0.06284 and 0.05922. As long as 0.07174 holds, the bearish setup remains valid.
Trade $JELLYJELLY here 👇