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Summary
• Price fell 6.4% over 24 hours, forming bearish patterns and testing key support levels.
• High volume spikes during sharp declines suggest distribution or panic selling.
• RSI remains in oversold territory, hinting at potential near-term rebound.
• Volatility expanded mid-day, with price breaking below Bollinger Band midlines.
Juventus Fan Token/USDC (JUVUSDC) opened at $0.705 on 2025-12-16 at 12:00 ET, reached a high of $0.705, and closed at $0.68 by 12:00 ET the next day, with a low of $0.675. The 24-hour volume totaled 32,903.49, and notional turnover amounted to $22,203.61.
Structure & Formations
Price action revealed bearish continuation patterns, including a dark cloud cover and engulfing candles during the early morning ET decline. Key support levels formed around $0.685 and $0.675, with resistance at $0.69 being repeatedly tested.
Moving Averages
On the 5-minute chart, the 20-period and 50-period SMAs trended downward, reinforcing the bearish bias. Daily moving averages (50/100/200) suggest a prolonged corrective phase, with no immediate signs of reversal.
MACD & RSI
The MACD line remained below the signal line throughout the day, indicating weak momentum.

Bollinger Bands
Volatility increased notably as the price broke below the mid-band and approached the lower band, reaching a low of $0.675. A contraction in the band width earlier in the session hinted at a possible breakout, which has now materialized on the downside.
Volume & Turnover
Volume surged during sharp declines, particularly in the late ET hours, with large notional trades pushing price toward session lows. However, volume waned during attempted rebounds, indicating weak follow-through from buyers.
Fibonacci Retracements
A recent 5-minute swing from $0.703 to $0.675 aligns with key Fibonacci levels. Price appears to have stalled at 61.8% ($0.684), suggesting it could continue testing the 38.2% level at $0.693 if a near-term rally forms.
Looking ahead, JUVUSDC may attempt a bounce from its recent lows, but sustained buying pressure appears limited. Investors should monitor volume and RSI for signs of reversal, while being mindful of further downside risk if support at $0.675 fails.
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