JELLYJELLY has experienced three consecutive days of decline on the daily chart recently, which is an interesting signal from a technical perspective. After three consecutive green candles, the bearish momentum has begun to weaken significantly, and the price has stabilized at the key support level of 0.06002, indicating there is a bottom support below.

The oversold signs on the chart are quite obvious—the MACD green bars are shrinking continuously, and the moving average system is also showing signs of turning upward, indicating a strong desire for a rebound. Although the funds were predominantly bearish earlier, the current open interest has stabilized, and it’s possible to sense that the bulls are tentatively entering the market.

If you are planning to go long now, set the stop-loss below 0.06002 to protect your position. The first target is to see if the price can break above the 0.068 range; if it does, then the 0.072 resistance level becomes the next focus. The rebound window after three consecutive green candles offers both space for imagination and technical support, making this bullish opportunity worth paying attention to.