📉 $JUV /USDT Market Update – $1.23 (-4.55%)
📈 Market Overview
📌 Current Price: $1.23 (-4.55%)
📌 24H High: $1.444
📌 24H Low: $1.226
📌 24H Volume: 5.44M JUV / 7.20M USDT
📊 Technical Analysis
✅ Support Levels:
$1.226 → Immediate support
$1.200 - $1.180 → Stronger support
🚀 Resistance Levels:
$1.319 - $1.352 → First resistance
$1.386 - $1.444 → Key breakout zone
📊 Indicators & Trend Analysis
🔹 RSI: Near 35, approaching oversold
🔹 MACD: Bearish momentum, no bullish crossover yet
🔹 Bollinger Bands: Trading near lower band, possible short-term bounce
📉 Trading Strategy
📌 Bullish Scenario:
If $1.226 support holds, price could retest $1.319 - $1.352
A break above $1.386 may push JUV toward $1.444+
📌 Bearish Scenario:
A break below $1.226 could lead to a drop toward $1.200 - $1.180
Losing $1.180 may trigger further downside
⚠️ Risk Management:
🔹 Stop-loss: Below $1.220
🔹 Take profit: $1.319 - $1.386
🔍 Final Thoughts
JUV is under selling pressure, but support at $1.226 is crucial. RSI is nearing oversold, indicating a potential bounce, but MACD remains bearish. Watch for a break above $1.319 to confirm upside momentum.