$JUV

The asset has seen a massive price spike following the takeover rumors, though recent statements from the club's holding company have introduced a layer of uncertainty

Technical Analysis (4H Chart Outlook)

Bullish Breakout: $JUV has broken above its 200-day EMA ($0.69) for the first time in months. The volume accompanying this move is the highest seen in 2025, suggesting strong speculative interest.

Resistance: The price touched $0.91 before finding heavy selling pressure. The next major hurdle is the psychological $1.00 level.

Support: If a retracement occurs, the previous resistance at $0.72 is the critical level to hold. A drop below $0.66 would invalidate the current bullish momentum.

RSI Alert: At 78.5, the RSI is in "Overbought" territory. Expect a period of consolidation or a brief dip as the market digests the news.

Fundamental Drivers

[!IMPORTANT]

The "Tether Bid": Tether reportedly offered €1.1 billion to acquire a 100% stake in Juventus FC. While Tether CEO Paolo Ardoino confirmed the bid, Juventus' holding company, EXOR, stated on Saturday they have "no intention to sell," leading to a tug-of-war between speculative buyers and cautious sellers.

Bullish Case: If the deal progresses, JUV could see massive utility upgrades within the Tether/USDT ecosystem.

Bearish Case: If the rejection by EXOR is final, the "hype premium" currently baked into the price may evaporate quickly, leading to a sharp correction.

$JUV

JUV
JUV
0.659
-3.23%