Is Eightco Holdings, Inc. technically bullish or bearish?
As of June 9, 2025, the market trend is mildly bearish, indicated by bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from the MACD on longer time frames.
As of 9 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the Bollinger Bands reflecting a bearish outlook on both weekly and monthly time frames. While the MACD shows mildly bullish signals on the weekly and monthly charts, the overall bearish indicators from the moving averages and Bollinger Bands suggest weakness in the current price action. The Dow Theory also supports a mildly bearish view on the weekly chart, despite a mildly bullish monthly perspective.
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