【$JELLY Signal】Pullback on Long + 1H Level Strong Support Confirmation

$JELLY The 1H level has experienced a massive rally and is now undergoing a healthy correction, with the price retracing to the key EMA support zone. The 4H candle forms a large bullish candle establishing an upward trend, with trading volume remaining stable, indicating that funds have not exited en masse. Currently, the 1-hour RSI is in a healthy zone, with buy orders far exceeding sell orders, providing solid support for the pullback. This is the first retracement after a strong coin's rally, making it an excellent opportunity for a second entry.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0813 - 0.0832

🛑Stop Loss: 0.0785

🚀Target 1: 0.0900

🚀Target 2: 0.0950

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, consider holding some profits to aim for a larger wave.

Depth Logic: A single massive bullish candle on the 4-hour chart directly breaks through the previous consolidation platform, a clear signal of main force entering. Although a pullback occurs afterward, the trading volume remains stable, indicating it is not main force offloading. The 1-hour chart shows the price is retracing the short-term EMA, and order book data reveals exceptionally thick buy orders below, forming a strong support wall. RSI has fallen from overbought to a neutral-strong zone, preparing for another upward move. Coupled with positive funding rates, market sentiment is bullish, and the pullback is a buying opportunity.

View real-time market 👇 $JELLY

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