JUV increased by 21% to $0.772 after Tether made a full cash bid to acquire Juventus.
Whale activity: A net capital inflow of $0.15 million within one hour, driven by large buy orders, confirms strong buying pressure.
Positive technical indicators: A bullish crossover in the MACD indicator and a value of 60.1 for the RSI suggest a strengthening upward momentum after breaking key resistance levels.
Buying pressure on short positions: A sharp decline in the buy/sell ratio from 6.7 to 2.5 indicates that buying pressure on short positions is contributing to the upward movement.$JUV

JUV
0.728
-7.96%
