📉 JELLYJELLY/USDT – Rejection from $0.12: Pullback or Trend Continuation?
$JELLYJELLY recently faced strong rejection near the $0.12422 resistance level and is now trading around $0.09406, down -12.62% in the last 24 hours.
What’s Next?
The price is hovering above the SUPERTREND(10,3) support at $0.06305, which remains a key level to watch. Volume remains high, indicating continued interest.
· If support holds near $0.094–0.072, we could see consolidation before another push upward.
· Break below $0.063 could signal deeper correction.
· Reclaim above $0.1095 may resume the uptrend toward $0.12+.
My Take:
This looks like a healthy pullback after a strong run, not necessarily trend reversal. Watch $0.072–0.094 for accumulation zones. If BTC remains stable, JELLY could rebound.
Always DYOR and manage risk! 🧠📊
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