【$JELLY Signal】Pullback to Buy! 1H Oversold Rebound, Clear Signs of Main Force Support

$JELLY After experiencing a massive sell-off at the 1H level, the price is now in the recovery phase of an oversold rebound. Although the 4H chart shows a long upper shadow, the overall upward trend remains intact, and open interest remains stable, with no signs of large-scale panic selling by bulls. The current price has significantly retraced from the high point, and the 1-hour RSI is in the oversold zone, indicating a technical rebound demand. Market depth data shows a large number of buy orders accumulated around 0.0841, forming an initial support.

🎯Direction: Long (Pullback to Enter)

⚡Entry/Order: 0.0833 - 0.0842

🛑Stop Loss: 0.0815

🚀Target 1: 0.0890

🚀Target 2: 0.0930

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for Target 2 with a trailing stop. If the price cannot hold above the upper boundary of the entry zone, abandon the trade.

Depth Logic: This coin experienced a violent surge and dump in the early morning, but the open interest did not sharply decline with the price drop, indicating that main capital may still be present. The 1-hour RSI has fallen to 41, entering oversold territory, increasing the short-term rebound probability. Market depth shows substantial buy orders around 0.0841, forming a support wall, which is a typical signal for a pullback to buy. Coupled with the funding rate still being positive, the risk of a short squeeze is low. This position offers an excellent risk-reward ratio for a rebound.

View real-time market 👇 $JELLY

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