Is 10x Capital Venture Acquisition Corp. II technically bullish or bearish?

Jun 25 2025 09:10 AM IST
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As of May 29, 2025, the market trend is mildly bearish due to bearish signals from daily moving averages and weekly Bollinger Bands, despite some bullish indicators from the MACD and RSI, resulting in a mixed outlook.
As of 29 May 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish signal and the weekly Bollinger Bands also showing a mildly bearish trend. While the MACD on both weekly and monthly time frames is mildly bullish, the overall sentiment is tempered by the bearish signals from the Bollinger Bands and the daily moving averages. The RSI is bullish on the weekly but shows no signal on the monthly, contributing to a mixed outlook. Overall, the strength of the bearish stance is moderate, influenced by the lack of a clear trend in Dow Theory and the mildly bearish OBV on the monthly.
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