Is Chain Bridge I technically bullish or bearish?
As of June 2, 2025, Chain Bridge I shows a mildly bullish trend with daily moving averages and weekly MACD indicating bullish momentum, but mixed signals from the weekly RSI and Dow Theory suggest caution.
As of 2 June 2025, the technical trend for Chain Bridge I has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and the weekly MACD remaining bullish. However, the weekly RSI is bearish, and both the weekly and monthly Dow Theory signals are bearish, suggesting underlying weakness. The Bollinger Bands are bullish on both weekly and monthly time frames, providing some support. Overall, while there are bullish indicators present, the mixed signals indicate a cautious outlook.
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