【$JELLY Signal】Pullback to Enter Long + Short Squeeze Expectation

$JELLY After a massive surge on the 1H timeframe, the price has entered a high-level consolidation, currently in the strong pullback confirmation stage. On the 4H timeframe, a towering pillar directly broke through all previous resistance levels, indicating a shift to a strong bullish trend. The current price is oscillating near the 1-hour moving average, with trading volume remaining stable, suggesting that the main players have not exited the market. This is a typical healthy rotation after a short squeeze.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0766 - 0.0784

🛑Stop Loss: 0.0740

🚀Target 1: 0.0850

🚀Target 2: 0.0920

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position's stop loss up to the entry price. If the price strongly breaks above the previous high of 0.0885, move the remaining stop loss up to 0.0820 to seek greater gains.

Depth Logic: The trading volume surged dramatically over the past 4 hours, a typical signal of main capital entering the market. Although the current 1-hour RSI is in the overbought zone, the trading volume remains stable and the funding rate is positive, indicating that the bears are still passively holding positions, with potential for further short squeeze. Market depth shows buy orders far thicker than sell orders, with strong support below. It is recommended to enter in batches within the optimized entry zone to play the second rally.

View real-time market 👇 $JELLY

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