$JUV /USDT is preparing for a new rise - focus on $1.20
The pair #JUV has regained its momentum after bouncing back from its 24-hour low of $1.123 and is now showing signs of bullish strength. The current price is $1.145, up by +1.06%, indicating that bulls are targeting the $1.20 area again.:
Current price: $1.145 with upward pressure
24-hour high: $1.210 - this level is likely to be re-tested if the upward momentum continues.
Increased trading volume: A good buying volume indicates growing interest, which could push the price higher.
Why are bulls in control?
The price bounced off a strong support level around $1.123 and is gaining upward momentum.
The recent rise to $1.210 indicates that buyers are ready to push higher if resistance is broken.
The price is forming higher lows, suggesting the possibility of a continued upward trend.
Targets to watch:
Immediate resistance: $1.17 - a minor hurdle before testing $1.20.
Main target: $1.20 - a confirmed break could push the price towards $1.25.
Support area: $1.12-$1.13 - a pullback to this level may provide another buying opportunity.
Trade setup suggestion:
Entry range: $1.14-$1.15
Target 1: $1.20
Target 2: $1.25
Stop loss: $1.12 $JUV