🚀 $JOJO Long Setup – Momentum Back in Control
$JOJO just made a strong comeback after a sharp pullback, and buyers are clearly stepping back in with force. This looks like a classic continuation setup.
Entry: $0.00840 – $0.00890
Stop Loss: $0.00770
Targets:
TP1: $0.00980
TP2: $0.01060
TP3: $0.01140
Why this setup works:
JOJO delivered a powerful impulsive move, then corrected in a healthy way without breaking structure. The bounce from the $0.00620 demand zone formed a higher low, and the 1H bullish engulfing shows momentum has flipped bullish again. Volume expansion confirms real buyers are back, not just a dead-cat bounce.
Now the big question: does reclaim the recent high straight away, or does it pause for a short consolidation before the next explosive leg? Either way, structure favors upside.
🔥 Buy the dip, ride the momentum — is gearing up for another push.