$JELLYJELLY ‌JELLYJELLY Market Update & Short-Term Outlook

The chart shows that JELLYJELLY just had a strong breakout move, hitting a peak near 0.106 before pulling back to the 0.065 area. This type of sharp pump followed by a heavy correction usually means the market is trying to cool down after a big run.

Right now, the price is holding above the recent demand zone around 0.055–0.060, which is an important support region. If buyers protect this area, the market may try another bounce attempt.

Short-Term View (1H Chart)

Momentum indicators show a cooldown after extreme overbought levels.

If the price stays above 0.060, it could slowly recover toward 0.075–0.085.

If it loses 0.060, it may retest the lower zone around 0.050–0.055.

Future Prediction (Different Timeframes)

Short-Term: Expect volatility. The market may range between 0.060 and 0.080 as it stabilizes.

Mid-Term: If volume returns and the recent peak isn’t just a one-time spike, the token has room to retest 0.095–0.105.

Long-Term: Needs stronger structure. A higher low formation above 0.060 would be a good sign.

This is just my personal market view, not financial advice. Always manage risk when trading.