$JOE /USDT DeFi token is currently at 0.0683 USDT (Rs19.13) which is down -3.67% in the last 24 hours. Overall sentiment is bearish because it has fallen below -26% and -59% over 1 month and 90 days, respectively, but in the short term, MA(7) is providing some support.
Market pressure is still visible on the selling side, and there is also higher ask volume in the order book. Immediate support is in the 0.0678-0.0674 zone; if this breaks, movement towards 0.0660 may occur. Resistance is around 0.0685-0.0690, followed by a strong barrier at 0.0700. If the price clears 0.0690, a bounce to 0.0713 is possible.
If your risk appetite is high, consider entering at the lower support, otherwise, it may be better to wait. Volumes are low, so a bit of patience is necessary.
