$JOE ‌ is doing something very strange today.

Look at that massive vertical spike on the daily. We just went from a boring sideways crawl around 0.035 to hitting almost 0.080 in a flash. That is a massive amount of volume coming in out of nowhere.
Right now it’s sitting at 0.0558 after a pretty aggressive rejection at the top. That long wick up to 0.0789 tells me there were some serious sellers waiting to exit. It’s a classic liquidity grab.
If it can stay above 0.051, we might see another attempt to push higher. But if this candle closes weak and loses that 0.050 area, the pump might be over as quickly as it started.
Did you catch this move or are you just watching the volatility from the sidelines?

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