⚽ $JUV /USDT – Fan Token Eyes Breakout After Tight Consolidation! 📈
Juventus Fan Token ($JUV) is showing signs of life, trading at $1.075 (+0.94%) after bouncing from the recent low of $1.046. The price is now compressing near key moving averages — a breakout could be near! ⏳
🔍 Technical Analysis Overview:
🟡 Price is testing resistance at MA(7) ($1.063) and MA(25) ($1.062), showing bullish pressure.
🟣 Price has flipped above the long-term MA(99) ($1.060) – a positive momentum signal.
📊 Consolidation between $1.04–$1.08 may act as a springboard for a move back to the $1.16 level.
📈 Trading Plan:
🔸Scalp Strategy:
📍 Entry: $1.070–$1.075
🎯 TP1: $1.088
🎯 TP2: $1.105
🛑 SL: $1.050
🔸Breakout Setup (Volume Confirmation Needed):
📍 Entry: On break above $1.080
🎯 TP1: $1.12
🎯 TP2: $1.155
🛑 SL: $1.060
📌 Risk Tip: Always wait for confirmation candles and volume before entering breakout trades. Fan tokens can be highly volatile – trade accordingly! 🧠
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