$JOE /USDT BULLISH ANALYSIS – RECOVERY FROM LOWS WITH MA SUPPORT BUILDING

📈 Current Price: $0.1636

🔻 24h Change: -2.62%

📊 24h Volume (USDT): $2.18M

📊 24h Volume (JOE): 13.79M

🔍 Technical Overview

Trend: Short-Term Bullish Reversal

Price Action: $JOE has bounced from the 24h low of $0.1509 and is now trading above both MA(7) and MA(25), hinting at short-term strength.

Moving Averages:

MA(7) = $0.1619 ✅

MA(25) = $0.1605 ✅

MA(99) = $0.1732 ❌

🔼 Price reclaiming above short MAs, but resistance at MA(99) still holds. If that breaks, bullish continuation could strengthen.

📉 Key Levels

Resistance:

R1: $0.1666

R2: $0.1690 (24h high)

R3: $0.1732 (MA99)

Support:

S1: $0.1610 (MA7/MA25 confluence)

S2: $0.1554

S3: $0.1509 (24h low)

💼 Trade Setup: LONG

> 🔼 Entry Zone: $0.1620 – $0.1640

🎯 Targets:

TP1: $0.1666

TP2: $0.1690

TP3: $0.1730

🛡 Stop Loss (SL): $0.1554 (below recent support and structure)

⚠️ Risk Management

Use 1-2% of capital per position.

Lock in partial profits at TP1 and adjust SL to break-even.

Maintain Risk/Reward of at least 1:2 to preserve long-term capital.

📌 Conclusion:

$JOE/USDT is showing signs of short-term bullish momentum after bouncing off strong support and holding above both MA(7) and MA(25). A move above $0.1690 may trigger a test of the MA(99) resistance.

Momentum is building – trade patiently, manage risk wisely. 🚀📈

#WhiteHouseDigitalAssetReport #ETHReclaims3800 #US-EUTradeAgreement #DELABSBinanceTGE $JOE