$JOJO
JOJO
Alpha
0.0071493
-5.20%
Consolidation After Impulse Move — Continuation Possible
$JOJO is consolidating around the 0.011 zone after a strong impulsive rally. Price action suggests a healthy pullback with buyers still defending the structure. As long as support holds, another bullish continuation leg remains likely.
Volume remains stable and momentum is rebuilding, indicating selling pressure is weakening. A confirmed breakout above recent highs could trigger the next upside expansion.
Trade Setup (Long):
Entry: 0.0107 – 0.0111
TP1: 0.0119
TP2: 0.0128
TP3: 0.0140
Stop Loss: 0.0099