#JOE
The price is moving in a 1-hour bearish channel and sticking to it well
The price rebounded well from the lower channel border at the green support level 0.4900
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 0.5000
The first target is 0.5290
The second target is 0.5542
The third target is 0.5800