💎 JOE has recently undergone notable market dynamics. Currently, JOE is rebounding from the support area, with signs of a breakout from the rounding bottom pattern, indicating a bullish reversal.
💎 There's potential for JOE to sustain its upward movement, with the next target being our strong resistance area.
💎 However, if JOE retraces back to the support area and fails to bounce, it could signal weakness and a potential breakdown below the support level, which would be concerning.
💎 In such a scenario, there's a possibility of JOE descending towards the demand area, and further downward movement could occur if JOE fails to bounce and reclaim the price above the support area.