Is AlphaVest Acquisition Corp. technically bullish or bearish?
As of June 9, 2025, the market trend is bullish with moderate strength, supported by a bullish MACD and moving averages, though caution is advised due to a bearish weekly RSI and mixed signals from Dow Theory.
As of 9 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish, with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a mildly bullish Bollinger Bands on the weekly timeframe. However, the weekly RSI is bearish, which suggests some caution. The Dow Theory indicates no trend on the weekly and bearish on the monthly, adding complexity to the overall bullish outlook.
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