$JUV /USDT - FAILED BREAKOUT LEADS TO DOWNSIDE PRESSURE!
$JUV surged to $1.788 before facing heavy resistance, triggering a sharp decline. The price is now hovering around $1.380, struggling to hold above key support.
Key Levels to Watch:
Support: $1.307 – Holding above this could prevent further downside.
Resistance: $1.497 - $1.600 – A recovery above this zone is needed for bullish momentum.
Critical Resistance: $1.788 – A breakout above this level would confirm trend reversal.
Market Outlook:
If bulls defend $1.307, expect a possible rebound toward $1.50.
Failure to hold current support may lead to a deeper drop below $1.30.
Bearish sentiment dominates as long as price remains under $1.50.
Pro Tip: Watch for volume spikes at support levels. A weak bounce could indicate further downside risk.