LONG
$JUV - BREAKOUT ABOVE KEY MOVING AVERAGE
Current Price: $0.732
Signal: Price has broken above the MA60 resistance ($0.691) with strong volume, signaling a potential trend reversal and continuation upward.
Entry: 0.728 - 0.735
TP1: 0.780
TP2: 0.820
TP3: 0.860
SL: 0.680 (below MA60 support)
CHART ANALYSIS:
MA60 Breakout: Price has decisively broken above the MA60 ($0.691), turning previous resistance into new support.
Volume Confirmation: Rising volume on the breakout indicates strong buying interest and validates the move.
Trend Reversal Pattern: After prolonged downtrend (visible in monthly/yearly returns), this breakout suggests a potential reversal phase.
Momentum Shift: The +5.93% daily gain combined with the MA60 breakthrough shows changing market sentiment.
Fan Token Catalyst: As a fan token, JUV may be reacting to team news, match results, or platform developments driving renewed interest.
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