#JOE's price is in a very good position. The downtrend line has been broken and recently retested.
Currently, the price approaches a key demand zone. Maintaining momentum at this level could likely result in a bullish move. Historically, when the price has reached this level, it has initiated a strong upward surge.š
There is a very strong positive divergence. So this can be the best situation for buyers. The targets of $0.5550 and $0.8600 are the minimum reachable targets in the 4-hour time frame.