FUBO — At Channel Support, Decision Time Ahead

Ticker: FuboTV (NYSE: FUBO)
Timeframe: 1D

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🟢 Bullish Scenario — “Respect the Channel”
• Trigger: Hold and bounce from channel support (~$3.70–$3.80).
• Entry Idea: Long near support zone.
• Stop Loss: Below $3.40 (invalidate channel).
• Targets:
• TP1 = $4.50
• TP2 = $5.20 (channel resistance)
• Breakout above $5.20 opens path toward $6.00+

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🔴 Bearish Scenario — “Break & Dump”
• Trigger: Daily close below $3.40.
• Entry Idea: Short on breakdown, or wait for retest rejection.
• Stop Loss: Above $3.75 (back inside channel).
• Targets:
• TP1 = $3.00
• TP2 = $2.50 (demand zone)
• If demand fails, next leg could revisit $2.00

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⚖️ Summary

FUBO is at a make-or-break spot:
• Hold channel = long opportunity toward $5+
• Lose $3.40 = bearish breakdown back into the $2.50 demand box

This is a clear risk/reward setup — tight invalidation, big potential upside.