Is Bite Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:09 AM IST
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As of May 12, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and daily moving average, though mixed signals from the monthly indicators suggest a cautious outlook.
As of 12 May 2025, the technical trend has changed from mildly bearish to mildly bullish. The current technical stance is mildly bullish, supported by a bullish MACD on the weekly chart and a bullish daily moving average. However, the monthly MACD is only mildly bullish, and the Bollinger Bands show a mixed signal with a mildly bullish weekly stance but a mildly bearish monthly stance. The KST indicates bullishness on the weekly but bearishness on the monthly, while the RSI shows no signal in both time frames. Overall, the indicators suggest a cautious bullish outlook, with strength primarily from the daily moving averages and weekly MACD.
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