Yello, Paradisers! Have you been watching #JOEUSDT lately? If not, you might want to pay close attention now.
💎#JOEUSDT is currently compressed between the falling wedge trendlines, setting the stage for a potentially massive bullish breakout. Right now, #JOE is facing descending resistance, but the increasing volume and the support of the 50 EMA are bolstering a bullish outlook.
After a continuous month-long decline, JOE has reached a critical liquidity zone. This is a prime setup for breaching the upper trend line of the wedge.
If #JOE fails to break the upper trendline, we might see a retest of the bullish order block at $0.276, which has historically provided strong support and bullish momentum.
Should $0.276 fail to hold, the next support level to watch is at $0.252. If this level also fails, we could see a continued downward trend for #Joe.
Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market. Stay focused, Paradisers!
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.