FUBO has broken out of the descending trendline on the daily chart, followed by a clear retest and consolidation above the key 3.20–3.40 area. This zone coincides with the 0.5 Fibonacci retracement and high-volume support, confirming strong buyer interest.
As long as price holds above 3.20, the setup looks bullish with targets at 4.45 (0.382), 5.22, and finally 6.46 — the major resistance and top of the current range. Volume picked up on the breakout, validating accumulation from bigger players.
Fundamentally, FuboTV remains a niche contender in the sports streaming market. With optimized spending and new partnerships with major sports leagues, interest may spike ahead of events like the Olympics and NFL season.
Tactical setup:
— Entry zone: 3.20–3.40
— Must hold: above 3.20
— Targets: 4.45 / 5.22 / 6.46
— Invalidation: break below entry without buyer confirmation
This breakout might just be FUBO’s ticket to prime time.
As long as price holds above 3.20, the setup looks bullish with targets at 4.45 (0.382), 5.22, and finally 6.46 — the major resistance and top of the current range. Volume picked up on the breakout, validating accumulation from bigger players.
Fundamentally, FuboTV remains a niche contender in the sports streaming market. With optimized spending and new partnerships with major sports leagues, interest may spike ahead of events like the Olympics and NFL season.
Tactical setup:
— Entry zone: 3.20–3.40
— Must hold: above 3.20
— Targets: 4.45 / 5.22 / 6.46
— Invalidation: break below entry without buyer confirmation
This breakout might just be FUBO’s ticket to prime time.
👨🎓 Наш телеграм t.me/totoshkatrading
🉐 Платформы linktr.ee/totoshka55
💬 Наши контакты @Totoshkatips
🔗 Сайт totoshkatrades.com
🉐 Платформы linktr.ee/totoshka55
💬 Наши контакты @Totoshkatips
🔗 Сайт totoshkatrades.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👨🎓 Наш телеграм t.me/totoshkatrading
🉐 Платформы linktr.ee/totoshka55
💬 Наши контакты @Totoshkatips
🔗 Сайт totoshkatrades.com
🉐 Платформы linktr.ee/totoshka55
💬 Наши контакты @Totoshkatips
🔗 Сайт totoshkatrades.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.