Looking at the current setup for $JELLYJELLY, there's a solid long entry point forming. The price action suggests two potential take-profit levels worth targeting:
TP1: 0.08500 TP2: 0.09000
This configuration presents a favorable risk-reward for swing traders. The momentum indicators align with the upside breakout scenario. Traders should monitor support levels closely and size positions according to their risk tolerance. This move could be significant for those positioned early.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
3
Repost
Share
Comment
0/400
StakeWhisperer
· 13h ago
Wow, this TP setting is a bit conservative. Can it reach 0.1?
View OriginalReply0
governance_lurker
· 12-12 12:54
Jelly looks okay this wave, but TP1 feels a bit tight...
View OriginalReply0
Degen4Breakfast
· 12-12 12:46
Wow, JELLY is back again? I haven't recovered from the last cut yet haha
I've been lurking at 0.07 for a while, just waiting for this breakout, TP1 is solid
By the way, how reliable is this momentum indicator... Every time it shows consistent results, it ends up reversing and hitting me hard
JELLYJELLY Trading Opportunity
Looking at the current setup for $JELLYJELLY, there's a solid long entry point forming. The price action suggests two potential take-profit levels worth targeting:
TP1: 0.08500
TP2: 0.09000
This configuration presents a favorable risk-reward for swing traders. The momentum indicators align with the upside breakout scenario. Traders should monitor support levels closely and size positions according to their risk tolerance. This move could be significant for those positioned early.