JOE/USDT Success Reclaim the key area. Could Break the pattern??

💎 JOE has recently witnessed significant developments in the market. It has successfully reclaimed the area above the demand and displayed a bounce from this critical level.

💎 The next destination is the resistance trendline within the descending channel pattern. If JOE manages to break out of this pattern, there's a possibility of a price resurgence, with a probability move towards retesting the robust resistance zone.

💎 However, if JOE fails to breach the pattern, the price may retreat to the demand area to build new momentum. Should JOE not exhibit a bounce at the demand area and even break below it, this could be an ominous sign, indicating a shift towards a downward trajectory, with the next target being the support area.

💎 Bouncing from the support is imperative, along with reclaiming the area above the demand, if JOE intends to sustain its upward movement. Conversely, if JOE struggles to rebound and break out, the price may experience further decline.