๐Ÿ‘€ $JUV / USDT โ€“ Structure-Based Short Setup

$JUV is bleeding lower after failing to hold recent intraday highs. Price has printed a clear lower high, followed by consecutive bearish candles, signaling controlled selling rather than panic. The latest small green reaction is weak, showing hesitant buyers and momentum still tilted to the downside.

As long as price remains capped below the minor resistance, this structure favors short continuation. Sellers are defending every bounce, and acceptance below the range midpoint increases the probability of another push toward lower liquidity. A clean breakdown with continuation volume would confirm the move.

Trade Setup โ€“ SHORT:

Entry Zone: 0.746 โ€“ 0.749 ๐Ÿ”ด

Targets:

TP1 โ†’ 0.742 ๐ŸŽฏ

TP2 โ†’ 0.738 ๐ŸŽฏ

TP3 โ†’ 0.732 ๐ŸŽฏ

Stop Loss: 0.754 โŒ

Outlook:

Bias remains bearish below 0.750. A strong reclaim and hold above that level invalidates the short and shifts price back into a range scenario. Stay disciplinedโ€”let price confirm.

#JUV #CryptoWatchMay2024 #ShortSetups #priceaction