JUVUSDT has recently triggered a bullish reversal pattern, breaking out of a descending wedge formation—a classic signal often followed by sharp upward moves. This breakout was validated by a strong bullish engulfing candle and robust volume, indicating buyers are firmly asserting control. The technical momentum is further supported by a bullish golden cross on the daily chart, with the 50-period moving average crossing above the 200-period.
Key technical indicators highlight a constructive backdrop: MACD has turned decisively positive, and a clear bullish divergence is present, suggesting the potential for further upside. These momentum signatures, combined with rising volume, paint a favorable setup for continuation toward higher price zones.
Price action is currently testing resistance in the $1.098–$1.102 zone, while support holds firmly around $1.071–$1.073. A breakout above the ceiling—confirmed with sustained volume—could initiate a fresh rally, offering upside potential of around 40% to 45%+ from current levels.
Taken together, JUVUSDT presents a compelling risk–reward scenario. The technical structure is sound, chart patterns affirm bullish sentiment, and trading volume underscores market conviction. If the breakout sustains, it could signal a mid-term uptrend ahead.
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Key technical indicators highlight a constructive backdrop: MACD has turned decisively positive, and a clear bullish divergence is present, suggesting the potential for further upside. These momentum signatures, combined with rising volume, paint a favorable setup for continuation toward higher price zones.
Price action is currently testing resistance in the $1.098–$1.102 zone, while support holds firmly around $1.071–$1.073. A breakout above the ceiling—confirmed with sustained volume—could initiate a fresh rally, offering upside potential of around 40% to 45%+ from current levels.
Taken together, JUVUSDT presents a compelling risk–reward scenario. The technical structure is sound, chart patterns affirm bullish sentiment, and trading volume underscores market conviction. If the breakout sustains, it could signal a mid-term uptrend ahead.
✅ Show your support by hitting the like button and
✅ Leaving a comment below! (What is your opinion about this Coin)
Your feedback and engagement keep me inspired to share more insightful market analysis with you!
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🟢🟢🟢Join Our Telegram Here to Get Trades With Entry And Exit 🟢🟢🟢
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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.