$JELLYJELLY Short Setup — Overbought Rejection
$JELLYJELLY faced strong resistance at 0.07525 and is showing clear selling pressure. The H4 RSI sits at 95, indicating extreme overbought conditions and a likely short-term reversal toward lower EMA levels.
Trade Plan:
• Short Entry: 0.0747 – 0.0724
• Take Profit:
• TP1: 0.0698
• TP2: 0.0674
• TP3: 0.0645
• Stop Loss: 0.0769
Price action confirms rejection, making this a high-probability short opportunity. Manage risk and watch for support zones as targets approach.
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JELLYJELLYUSDT
Perp
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+13.88%