【$JELLY Signal】Pullback to buy + 4H main upward wave with 1H strong consolidation



$JELLY The 1H timeframe has experienced a massive rally and is now entering a high-level strong consolidation. A single towering pillar on the 4H chart breaks through all moving averages, clearly indicating a main upward wave structure. Although the current price is far from the 1-hour moving average, the order book shows exceptionally deep buy orders, and open interest remains stable at high price levels, indicating that major funds have not exited but are actively rotating positions here. The RSI on the 1H remains high but shows no bearish divergence, and momentum remains strong.

🎯 Direction: Go long ( Pullback to buy )

⚡ Entry/Order: 0.0807 - 0.0825

🛑 Stop loss: 0.0775

🚀 Target 1: 0.0900

🚀 Target 2: 0.0960

🛡️ Trading management:

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through 0.0960, move the remaining position’s stop loss to hold and aim for greater gains.

Depth logic: This wave of market movement is driven by massive buy orders on the 4-hour chart, with trading volume multiplied dozens of times, a typical signal of institutional entry. Although the RSI on the 1-hour chart indicates overbought conditions, the open interest remains stable after the surge, suggesting it’s not purely retail FOMO but active capital absorption. The order book shows buy orders far exceeding sell orders, forming a solid support wall that provides a buffer for price pullbacks. The current strategy is to patiently wait for the price to retrace into an optimized entry zone, which offers the best risk-reward ratio for a sniper entry.

View real-time market 👇 $JELLY

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Deltazvip
· 7h ago
why posting late already tp1 😅
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