🚨 $JUV USDT BEARISH BREAKDOWN – NEW LOWS ON THE HORIZON?
$JUVUSDT is showing weakness after failing to sustain above key resistance and forming strong rejections. The recent spike was quickly absorbed, indicating bearish dominance as price remains below psychological levels.
🔑 Key Levels:
Current Price: $0.894
Resistance: $0.922 (24h high)
Support: $0.882 (24h low), next strong support at $0.850
📉 Trade Setup (Short):
Entry Zone: $0.895 - $0.905
Take Profits:
TP1: $0.880
TP2: $0.860
TP3: $0.840
Stop Loss: $0.920 (above recent rejection)
📊 Short Market Outlook: Momentum remains bearish with lower highs and lows on the 1H chart. Failure to reclaim $0.922 suggests further downside as sellers continue to control the trend. Watch for a decisive break below $0.882 to accelerate bearish targets.
⚠️ Risk Management: Use strict position sizing with maximum 1-2% risk per trade. Always wait for confirmation before entering shorts to avoid fakeouts during volatility.
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