Is Cactus Acquisition Corp. 1 Ltd. technically bullish or bearish?

Jun 25 2025 09:14 AM IST
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As of June 12, 2025, Cactus Acquisition Corp. 1 Ltd. is in a bearish trend with moderate strength, indicated by bearish MACD, moving averages, and Dow Theory signals, alongside a mildly bearish weekly Bollinger Bands and lack of bullish momentum in the monthly KST.
As of 12 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this conclusion include the bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and bearish signals from Dow Theory on both weekly and monthly charts. The weekly Bollinger Bands also indicate a mildly bearish trend, while the monthly KST shows no significant bullish momentum. Overall, the technical outlook suggests a negative sentiment for Cactus Acquisition Corp. 1 Ltd.
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