Is Morepen Labs. technically bullish or bearish?
As of July 17, 2025, Morepen Labs has shifted to a mildly bearish trend due to bearish daily moving averages, despite some short-term bullish signals from the weekly MACD and KST, resulting in an overall outlook where bearish indicators outweigh bullish ones.
As of 17 July 2025, the technical trend for Morepen Labs has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the weekly MACD and KST remain bullish, suggesting some strength in the short term. The monthly MACD and KST are mildly bearish, which aligns with the overall trend shift. The Bollinger Bands are bullish on both weekly and monthly time frames, indicating potential price support. However, the Dow Theory shows a mildly bullish stance on the weekly but no trend on the monthly, adding to the mixed signals. Overall, the bearish indicators are currently outweighing the bullish ones, leading to a mildly bearish outlook.
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