$JOE

JOE

/Technical analysis of the USDT pair 🔍

The JOE/USDT pair has sharply declined from 0.1550 to 0.1429, forming a bearish engulfing pattern on the 15-month daily chart, indicating strong bearish control. After the decline, slight consolidation suggests a potential retest before continuing.

📉 Entry price: 0.1460

🎯 Targets: 0.1435 / 0.1410 / 0.1385

🛑 Stop loss: 0.1485

🧭 Market outlook: Bearish momentum is likely to continue unless the bulls regain the resistance level at 0.1500. Risk management is fundamental.