$JOJO showing solid recovery after a sharp retracement, with buyers returning aggressively and momentum rebuilding.
Entry: $0.00840 – $0.00890
Stop Loss: $0.00770
Targets:
• TP1: $0.00980
• TP2: $0.01060
• TP3: $0.01140
Setup rationale:
JOJO delivered a strong impulsive rally followed by a controlled pullback, which kept overall structure bullish. Price has now reclaimed the mid-range and printed a bullish engulfing candle on the 1H timeframe, signaling renewed strength. The reaction from the demand zone near $0.00620 highlights strong buyer interest and confirms a higher-low structure. Momentum has flipped back to the upside, and rising volume supports a potential continuation toward prior highs.
The key question now is whether JOJO pushes straight to reclaim recent highs or pauses for consolidation before the next expansion.
Buy & trade $JOJO 🚀
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