$JELLYJELLY is hitting a major wall after its recent parabolic run. The momentum is officially rolling over.

$JELLYJELLY SHORT

Entry: 0.0585 – 0.060

SL: 0.0619

TP1: 0.0549

TP2: 0.0531

TP3: 0.0514

Heavy supply zone near the 30-day moving average, where big sellers are stepping in to absorb the remaining buy orders. I am seeing a clear bearish divergence on the RSI and a negative MACD histogram, signaling that the buyers are exhausted and a deeper correction is imminent. With a significant pocket of untapped sell-side liquidity resting below the current support levels, the market is likely to flush toward these targets to rebalance the recent inefficient spike.

Trade $JELLYJELLY here 👇

JELLYJELLYUSDT

Perp

0.05547

-3.98%