JUVUSDT Forming Bullish Reversal

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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