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JELLY still maintains a bullish momentum on the 4-hour chart, and the current upward trend line has not been broken, which gives us a reason to continue bullish.
Regarding the trading strategy, I suggest two styles. Conservative traders can choose to go long with a low leverage, setting the stop loss at 0.06 to keep losses manageable. If you have a strong risk tolerance, going long with higher leverage is also fine, just slightly loosen the stop loss to 0.065.
But there's a key point—exit when it rebounds to 0.08, do not be greedy. This kind of market is more suitable for short-term trading; don’t expect to capture the entire rally. From my perspective, going long at the 0.07 level offers a particularly good risk-reward ratio. Whether in terms of liquidity or trend performance, the probability of making a profit from going long at this price is significantly higher than shorting.