JOE Overbought: Potential Correction AheadJOE is trading at $0.5430. Its RSI is high at 78, suggesting that it may be overbought and could experience a correction in price. The Fibonacci levels indicate that it's currently trading above the 0.5 level, which is bullish. The asset is close to its upper Bollinger band at 0.5424, indicating that it's overbought and may pull back. The volume oscillator is strong, and the MACD is bullish. The stochastic oscillators indicate it's in overbought territory. The short-term trend is bearish with the hourly EMA 50 at 0.2960.
Support: $0.4996 (0 Fibonacci), $0.3427 (0.5 Fibonacci), $0.1859 (1 Fibonacci)
Resistance: $0.5424 (upper Bollinger band)
