[SIGNAL/SHORT]
⚠️ $JELLYJELLY – PARABOLIC RALLY HITS SUPPLY WALL! 📉
Price is rejecting hard at a major resistance zone after a parabolic run. Momentum is rolling over with clear bearish signals: RSI divergence, MACD turning negative, and heavy supply absorption.
🎯 SHORT SETUP (CORRECTION PLAY):
Entry Zone: 0.0585 – 0.0600
Stop Loss: 0.0619
Targets: 0.0549 → 0.0531 → 0.0514 📉
🔍 Key Insight:
Untapped sell‑side liquidity below support suggests a flush is likely.
This is a momentum‑reversal trade — enter on rejection confirmation.
⚡ Trade Smart:
Wait for bearish confirmation in the entry zone, manage risk tightly, and secure profits stepwise. Parabolic runs often correct sharply.
$JELLYJELLY
#JELLYJELLY #ShortSignal #ParabolicRejection #MomentumShift #Solana