【$JELLY Signal】Pullback to Long + 1H Strong Consolidation, Waiting for a Second Explosion

$JELLY The 1H timeframe has experienced a massive rally and is currently consolidating strongly at high levels. The price is oscillating within the 0.0724-0.0750 range, with the 1H EMA20 (0.0729) providing immediate support. The 4H EMA20 (0.0645) has widened significantly, indicating a strong medium-term trend. Currently, volume is shrinking, which is a healthy pullback, waiting for a direction to be chosen.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0728 - 0.0732 (Reason: 1H EMA20 support zone + lower boundary of consolidation range )

🛑Stop Loss: 0.0713 (Reason: Break below previous low 0.07145 + ATR buffer )

🚀Target 1: 0.0780 (Reason: Previous high resistance zone )

🚀Target 2: 0.0830 (Reason: 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position Size Suggestion: Light position (Reason: Significant rally, extremely high volatility )

- Execution Strategy: After entering, if the price quickly rises to reach Target 1, take profit on 50% of the position, and move the stop loss on the remaining position to the entry price. If the price consolidates in support for more than 4 consecutive 1H candles without moving higher, consider exiting early.

Deep Logic: The 4H timeframe shows a volume-driven long bullish breakout, with strong buying power. Although current Open Interest (OI) is stable, the price can maintain high-level sideways movement after a large volume rather than a waterfall decline, indicating strong support. The 1H RSI (53.44) is in a healthy zone, leaving room for another upward move. The order book shows slightly more sell orders than buy orders (depth imbalance -0.62%), but the spread is minimal, characteristic of high-volatility consolidation in such coins. The key is to hold the 1H EMA20; as long as it is not broken, the market is poised for a breakout.

View real-time market 👇 $JELLY

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