$JOJO — what happens next? Buy, sell, or trap?
After a strong pump, $JOJO has started to cool off and move sideways. This phase is often the trickiest.
Early buyers are likely locking in profits, while late buyers risk getting caught if momentum fades.
At the moment, this isn’t a clean buy. Price needs to hold and form solid support before any healthy move can happen.
If volume returns and price breaks back above the highs, there’s room for another run.
But if support gives way, this could turn into a typical pump-and-dump exit area.
Best approach:
Wait for confirmation and let the chart lead.
Chasing here comes with high risk.
