
Innlegg
$JELLYJELLY
JELLYJELLYUSDT in the 4h frame is giving a signal to reverse a fairly strong increase after a deep decline period. The price bounced up from the bottom of 0.0503 and 2 large green candles appeared with a surge in volume, indicating a strong inflow of cash.
Currently, the price has broken above MA20 and is testing the MA60–MA120 area around 0.0610–0.0620. If the 4H candlestick closes firmly above this area, the short-term uptrend can be confirmed with the next target around 0.0650 and further than 0.0680.
However, the 0.0622 area is a close resistance due to the short-term peak coincidence. There may be a shaking rhythm or retest 0.0580–0.0590 before continuing.
Reference strategy:
● Buy when the price stays above 0.0590
● TP: 0.0650 - 0.0680
● SL: less than 0.0565
The current trend is leaning towards short-term bullish, prefer buying when adjusting slightly.
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