JUVUSDT Market Overview: Strong 24-Hour Rally on Juventus Fan Token

• Price surged past 1.340 resistance, forming a bullish engulfing pattern near 1.343
• MACD crossed above zero with strong momentum, RSI edged into overbought territory
• Volatility expanded midday, with a 15-minute range of 1.31–1.345 and sharp turnover spikes
• 1.320 retested as dynamic support, with a bullish reversal candle closing near 1.335
• Bollinger Bands show price tightening toward the midline ahead of a possible breakout

Juventus Fan Token (JUVUSDT) opened at 1.339 and closed at 1.335 during the 24-hour period ending at 12:00 ET, with a high of 1.395 and a low of 1.291. Total volume was 1,283,944.29 and turnover reached $1,730,163.31. Price action showed clear momentum and volatility shifts, especially in the afternoon and evening, with a late surge pushing price above 1.39.

Structure & Formations

A clear bullish engulfing pattern emerged around 1.343 after a bearish setup at 1.315. The price consolidated between 1.325 and 1.340 for much of the day, with 1.335 acting as a pivot. A doji formed near 1.318, indicating indecision, followed by a strong bullish reversal candle at 1.315–1.321, confirming support.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA midday, forming a golden cross, while the daily 50 MA sits at ~1.330. The 200-day MA, at ~1.324, provides a critical support line if the price retests this range.

MACD & RSI

MACD turned positive at 0.01 with a strong histogram, indicating growing bullish momentum. RSI climbed above 65 by mid-afternoon, nearing overbought territory. A divergence is evident if RSI fails to confirm higher highs during the next leg up, which could signal a short-term pause.

Bollinger Bands

Price activity showed volatility expansion in the early afternoon, with a 15-minute range of 1.302–1.360. By the evening, the bands had narrowed, signaling consolidation. The price currently rests above the 20-period Bollinger midline, suggesting upward bias.

Volume & Turnover

Volume spiked sharply around 08:15 ET with a $307k turnover candle, followed by a smaller but significant volume block at 14:30 ET. Turnover and volume moved in tandem, reinforcing the validity of the rally. No major divergence was observed, suggesting market alignment.

Fibonacci Retracements

Key retracement levels on the 15-minute chart include 38.2% at 1.329 and 61.8% at 1.336. The price tested 1.336 in the late morning before surging past it. On the daily chart, the 50% retracement sits at ~1.325, a level to watch for potential continuation or reversal.

Juventus Fan Token could test key resistance near 1.350–1.360 in the next 24 hours, with a possible pullback to 1.320–1.325 for consolidation. However, bearish risks remain if RSI fails to stay above 65 or if volume fails to confirm further gains.