Binance JELLYJELLYUSDT 15m Trend Prediction

The current price has stabilized between the upper middle and upper Bollinger Band, indicating a strong upward trend may continue, especially supported by high RSI values. Although the MACD golden cross is small, the price shows clear signs of moving upward along the short-term moving average, projecting a continued challenge of high points. The predominantly long-position ratio among large traders indicates strong capital support for bullish sentiment, particularly when the proportion of long accounts is relatively low, suggesting potential for further price increases. Trading volume has surged, reflecting increased market activity and raising the likelihood of a price breakout. Large price fluctuations and high transaction volume indicate heightened market enthusiasm, which is likely to further drive the price upward. Considering market dynamics and technical indicator analysis, it is recommended to monitor for signs of price breakthrough before following up, but exercise caution. During short-term retracements, adopt a cautious approach with gradual position increases. Use the high end of the range as a take-profit target, and observe during price pullbacks toward moving averages.