JELLYJELLY /USDT Technical Analysis 📉➡️🚀

$JELLYJELLY is currently trading at $0.0558, approaching the critical Lower Bollinger Band support at $0.0535, where a price reversal is highly likely.

The RSI (6) has dropped significantly to 29.13, entering the "Oversold" territory, which serves as a strong technical signal for an impending bullish bounce.

While the MACD indicates bearish momentum, shorting here is risky; traders should watch for a rebound entry near $0.0535, targeting a recovery to the Middle Band ($0.0574).

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JELLYJELLYUSDT

Perp

0.06128

+10.25%