$JUV
Analysis of JUV/USDT Chart & Trade Suggestion 🟥
🔥 1. Trend: Extreme volatility with a sharp pump and dump.
2. Support Level: 1.005
3. Resistance Level: 2.118
4. Moving Averages: MA(5) at 1.932, MA(8) at 1.882 (bearish crossover).
5. Current Price: 1.673
6. Price Action: Price has crashed after a spike, indicating a strong rejection.
🎯 Final Trade Setup:
Position: Short
Entry Price: 1.650 - 1.700
Stop-Loss: 2.200 (Above resistance)
Target: 1.200 - 1.100 (Near support zone)
👀 Conclusion:
The sharp decline after a massive pump suggests a further downside. A short position is ideal to capitalize on the bearish momentum.
⚠️ Disclaimer ! DYOR
