After a strong impulse from the lower zone, $JOJO is now cooling off and compressing into a tight range around 0.011. This price action looks like a healthy consolidation, not weakness. Buyers remain active, and the structure suggests a pullback rather than distribution.$JOJO
Momentum is gradually rebuilding while volume stays stable — a sign that selling pressure is fading. As long as price holds above the current support, the setup favors continuation. A clean break above recent highs could unlock the next upside expansion.
Trade Setup$JOJO
Entry: 0.0107 – 0.0111
TP1: 0.0119
TP2: 0.0128
TP3: 0.0140
SL: 0.0099
Stay patient, let the setup develop, and manage risk properly.