$jellyjelly Price Analysis: 🟥
Currently very bullish, market sentiment is high, and the trend looks solid 🚀
No historical resistance levels, but caution is advised; it may fluctuate around the upper Fibonacci retracement level of $0.1700 - $0.1680.
A bearish divergence is brewing 🔴
To me, this is a warning sign, as such sharp trend swings could lead to a drop of over 30% within minutes! 📉🔴
Possible Pattern:
Will the price eventually rise to the upper Fibonacci retracement level before a sharp pullback?
Closely monitor the uptrend on the 15-minute chart to assess bullish momentum.
In my experience, a strong upward move typically follows the end of a trend, exiting at a higher price. ⚠️
Note: This is purely speculative due to high market volatility and the lack of historical data. This pattern is based on my years of experience. #DYOR (Please research independently) – This is not financial advice!
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