Can $JUV Defend the $1.00 Support and Stage a Bounce?

$JUV has been in a steady decline after failing to hold above $1.29, now trading around the psychological $1.00 support zone on the 4-hour chart. RSI is dipping into oversold territory (RSI(6): 25.9), signaling potential exhaustion among sellers and opening the door for a short-term bounce if $1.00 holds.

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Trade Setup – Oversold Bounce Play

• Entry Zone: $1.00 – $1.02

• Stop Loss: $0.98

• Target 1: $1.06

• Target 2: $1.10

• Target 3: $1.15

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✅ Confirmation Trigger:

A strong bullish candle closing above $1.04 with volume would confirm momentum shift and strengthen the rebound scenario.

⚠️ Risk Note:

If $JUV breaks below $0.98, bearish continuation could push it toward $0.95 – $0.93, invalidating the recovery setup.