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Last week, the market witnessed a decline, as BTC fell by 3.69% on the monthly chart, ending a three-month rise, and the market mood shifted to waiting and watching. Despite favorable policies, take profit activities increased, and falls occurred for both BTC and ETH and SOL. The market performance entered a correction phase, and investors are advised to monitor the support level and manage leverage.$JELLYJELLY
The critical warning sign is now showing on my favorite pump for today...
Talk about the explosion. JELLYJELLY moved from a range of 0.06 USD to nearly 0.135 USD in a few hours. Extremely amazing gains.
It is up almost 100% during the day. Just look at the trading volume accompanying those green candles - money is flowing.
But here is the trap: we just printed a large red wick at the top near $0.135. This is take profit.
It is falling sharply now to $0.119.
This is the point where you see if the buyers are strong enough to defend this new level. We need to stay at least at 0.11 to prevent a complete collapse.
This is very volatile. Don't chase this unless you know what you're doing.
Are you riding this rise or waiting for the inevitable fall?
#jellyjelly #CommercialTradeConsensusReached