$JUV
- Strong bullish reaction 🚀
$JUV shows a strong bullish reaction after defending the support area of 0.80–0.82, forming a higher low and pushing the price back above the short-term consolidation range.
_Trading Setup_:
- _Entry Point_: 0.84 – 0.86 📍
- _Stop Loss_: 0.798 ⚠️
- _Take Profit Targets_:
- _Target 1_: 0.90 🚀
- _Target 2_: 0.945 📈
- _Target 3_: 0.978 💥
_Technical Analysis_:
- _Buyers' Control_: Buyers are regaining control, and sustained holding above this level opens the door for continued movement towards the upper resistance 🔄.
- _Key Breakout Level_: The key breakout level to watch is 0.90, while the major resistance is near 0.945, which had previously capped upward movements 🚀.
The currency shows potential for upward movement with the likelihood of a bullish move 🚀.