Is Mega Matrix Corp. technically bullish or bearish?

Jun 25 2025 08:22 AM IST
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As of June 17, 2025, Mega Matrix Corp. is in a mildly bearish trend, with mixed signals from moving averages, MACD, and Bollinger Bands indicating short-term downward pressure despite some potential for upward movement.
As of 17 June 2025, the technical trend for Mega Matrix Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend, while the weekly MACD and Bollinger Bands show mild bullishness. The KST is bullish on the weekly timeframe but bearish monthly, which adds to the mixed signals. The Dow Theory indicates no trend on the weekly but mildly bullish on the monthly, suggesting some potential for upward movement. Overall, the indicators reflect a lack of strong bullish momentum, with the stock facing downward pressure in the short term.
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