Yello, Paradisers! Have you been watching #JOEUSDT lately? If not, you might want to pay close attention now.
đź’Ž#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!
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