Get started
JELLYJELLYUSDT SPOTJELLYJELLYUSDT SPOTJELLYJELLYUSDT SPOT

JELLYJELLYUSDT SPOT

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Markets

JELLYJELLYUSDT trade ideas

Jelly My Jelly The technical analysis of Jelly My Jelly (JMJ) shows a critical juncture in its price action. The chart indicates a potential move towards the 0.08206 level, which aligns with the significant 0.618 Fibonacci retracement level. After reaching this resistance zone, the price is likely to experience a pullback to the 0.07054 support area before potentially making a push toward new all-time highs However, traders should exercise caution as this scenario heavily depends on JMJ's ability to break and hold above the 0.08206 resistance level. A concerning bearish scenario would unfold if the price fails to maintain support at 0.057161. Should this critical support level break down, JMJ could experience a severe decline, potentially dropping below 0.01, which would signal a significant loss of momentum and market confidence in the project The current price structure shows a series of higher lows forming on the chart, but the 0.08206 zone represents a crucial make-or-break level that will likely determine the token's medium to long-term trajectory. The presence of increasing volume during recent price action suggests growing market participation, which could provide the momentum needed for the bullish scenario to play out
KUCOIN:JELLYJELLYUSDT
by XTradeSetup