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$JELLYJELLY showing a sharp rejection after the pump and struggling to reclaim the highs 📉
Short $JELLYJELLY
Entry: 0.110 – 0.111
SL: 0.116
TP1: 0.100
TP2: 0.095
TP3: 0.090
TP4: 0.084
Why:
After the strong rally toward 0.115, price saw a heavy rejection followed by a large sell candle, showing aggressive profit taking. The bounce afterward looks more like a relief move rather than strong continuation. Momentum indicators are still cooling off and volatility is high after the liquidation wick to 0.082. If the price fails to hold above the 0.105–0.106 area, sellers could push it back toward the lower support zones.
Trade $JELLYJELLY here 👇
{future}(JELLYJELLYUSDT)