【$JELLY Signal】Long | Healthy Consolidation After Breakout with Volume
After a volume breakout on the 4-hour chart, the price consolidates tightly at a high level, forming a healthy reset. The last 4H bullish candle has a full-bodied real, indicating effective absorption by buyers, with no signs of top selling pressure.
🎯 Direction: Long
🎯 Entry: 0.0608 - 0.0612
🛑 Stop Loss: 0.0560 $JELLY Rigid stop loss, below the previous 4H low and dense trading zone (
🚀 Target 1: 0.0680
🚀 Target 2: 0.0740
Hardcore Logic: Before breaking through the previous resistance at 0.056-0.057, there was no deep correction, but rather a narrow oscillation around 0.061. The 4H volume significantly increased during the breakout (53.18 million), then contracted for consolidation, typical of healthy cooling after a breakout. The order book depth shows bid orders far exceed ask orders, providing immediate support. Funding rate is only 0.0126%, indicating no extreme bullish overheating, leaving room for further upward movement. The price structure remains intact, stop loss is clear, and risk-reward ratio is excellent.
Trade here 👇 ) $JELLY
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【$JELLY Signal】Long | Healthy Consolidation After Breakout with Volume
After a volume breakout on the 4-hour chart, the price consolidates tightly at a high level, forming a healthy reset. The last 4H bullish candle has a full-bodied real, indicating effective absorption by buyers, with no signs of top selling pressure.
🎯 Direction: Long
🎯 Entry: 0.0608 - 0.0612
🛑 Stop Loss: 0.0560 $JELLY Rigid stop loss, below the previous 4H low and dense trading zone (
🚀 Target 1: 0.0680
🚀 Target 2: 0.0740
Hardcore Logic: Before breaking through the previous resistance at 0.056-0.057, there was no deep correction, but rather a narrow oscillation around 0.061. The 4H volume significantly increased during the breakout (53.18 million), then contracted for consolidation, typical of healthy cooling after a breakout. The order book depth shows bid orders far exceed ask orders, providing immediate support. Funding rate is only 0.0126%, indicating no extreme bullish overheating, leaving room for further upward movement. The price structure remains intact, stop loss is clear, and risk-reward ratio is excellent.
Trade here 👇 ) $JELLY
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Follow me: Get more real-time analysis and insights on the crypto market!