$JELLYJELLY has completed a decisive breakout, with price pushing above prior resistance and establishing a clear upward structure. The breakout is supported by accelerating momentum, reflecting strong buyer participation and absorption of short-term selling pressure. This shift signals that the market is positioned for continuation toward overhead liquidity zones.
Price currently holds above the breakout level, confirming support and higher lows on lower timeframes. The structure shows controlled progression rather than an overextended spike, suggesting measured but sustained upside potential. Immediate targets are positioned at $0.08198 and $0.08827, where prior supply and resting orders accumulate. Momentum favors buyers as long as price remains above recent breakout support.
Liquidity above the current price is clearly defined, and shallow pullbacks have been absorbed efficiently, maintaining bullish alignment. The key invalidation point remains $0.07296; a drop below this level would undermine the bullish structure and shift short-term bias.
EP: Market Price
TP1: $0.08198
TP2: $0.08827
SL: $0.07296
Trend strength is solid with a confirmed breakout and higher lows forming post-move.
Momentum is accelerating with controlled absorption of previous resistance.
Holding above breakout support enhances the probability of continuation toward the defined liquidity targets.
Risk is clearly defined below $0.07296. While support holds, bullish continuation remains the higher probability scenario.
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