$JUV

Observations:

Current Price: $1.582 (+18.32%).
Key Resistance:

Around $1.85 - $1.88, which previously acted as resistance.
A larger resistance level near $3.09 (historical high).

Key Support:

Around $1.00 - $1.20, as shown by past price action.

RSI Indicator:

RSI is 40.75, indicating that the token is not overbought yet, meaning potential for further upside.

Volume:

7.16M, significantly above the 3.45M average, showing strong buying interest.

Trading Strategies:
1. Breakout Strategy:

If price breaks above $1.85 with strong volume, it could indicate a continued uptrend.
Target: $2.50 - $3.00 (if momentum continues).

2. Pullback Entry Strategy:

If price retraces to $1.40 - $1.50, it could be a buying opportunity.
Stop-loss: Below $1.30 to minimize risk.
Take-profit: $1.80 - $2.00.

3. Range Trading Strategy:

If price stays between $1.00 and $1.85, consider buying near support and selling near resistance.


Risk Management Tips:

Monitor RSI & Volume: If RSI rises above 70, it might be overbought, signaling a possible pullback.
Set Stop-Losses: To protect capital in case of a reversal.
Check Market Sentiment: News or hype around Juventus or fan tokens could impact price movements.