Is Morepen Labs. technically bullish or bearish?

Jul 01 2025 08:10 AM IST
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As of June 30, 2025, Morepen Labs shows a mildly bearish trend due to daily moving averages, despite some mildly bullish signals from the weekly MACD and Bollinger Bands, indicating mixed overall sentiment.
As of 30 June 2025, the technical trend for Morepen Labs has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. While the weekly MACD shows a mildly bullish signal and the Bollinger Bands are also mildly bullish on both weekly and monthly time frames, the overall sentiment is tempered by the monthly MACD and KST being mildly bearish. The Dow Theory indicates a mildly bullish stance on the monthly chart, but the lack of strong signals from the RSI and OBV suggests caution. Overall, the mixed signals across different time frames contribute to a mildly bearish outlook.
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