Binance Technical Analysis: $JUV
/USDT
As we continue to track the price action of JUV/USDT, here's a technical breakdown and three key targets to watch in the coming hours.
Current Price: 1.632 USDT (+2.26%)
Key Support & Resistance Levels:
Support Zone: 1.550 USDT (Strong support holding up the price)
Resistance Zone: 1.635 USDT (Tested multiple times)
Target 🎯 1: 1.650 USDT
A breakout above this level could trigger a move towards the next resistance level. Keep an eye on the volume as a confirmation of this upward momentum.
Target 🎯 2: 1.700 USDT
If bullish sentiment persists, 1.700 USDT is a critical level to watch. This marks the next significant resistance zone, and a close above it could signal continued upside potential.
Target 🎯 3: 1.500 USDT
On the downside, if the price fails to hold above the support level of 1.550 USDT, the next major target for a pullback is 1.500 USDT. Watch for possible consolidation or reversal at this level.
Next Steps:
Monitor price action closely around these key levels. A break above or below these targets could provide further insights into the next directional move.
Stay tuned for updates and trade smart with Binance!