JELLYJELLY recently showed obvious weak signals on the technical side. After the 4-hour closing price broke below 0.067, the rebound volume shrank, and such a volume-less rebound often indicates weak upward momentum.

From the chip perspective, the situation is even more concerning—about 90 wallets control over 75% of the circulating tokens. The highly concentrated chip structure means that once whales start selling, it can easily trigger a chain reaction. The 0.068-0.070 range is densely packed with trapped orders; once broken, it will be difficult to find effective support.

Trading strategy: When the rebound reaches the 0.068-0.070 range and encounters resistance and falls back, and simultaneously the 4-hour closing price confirms a break below 0.067, consider a short position. First focus on 0.048, then watch 0.040. Set the stop-loss above the 0.072 closing price.

Risks always exist; operate cautiously.