Is Morepen Labs. technically bullish or bearish?

Nov 04 2025 08:45 AM IST
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As of November 3, 2025, Morepen Labs exhibits a mildly bearish trend due to bearish momentum from the weekly MACD and Bollinger Bands, despite some bullish strength indicated by the weekly RSI.
As of 3 November 2025, the technical trend for Morepen Labs has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD and Bollinger Bands indicating bearish momentum. The daily moving averages also reflect a bearish trend. However, the weekly RSI shows bullish strength, suggesting some upward pressure. Overall, the mixed signals from the indicators indicate a lack of strong conviction in either direction, reinforcing the mildly bearish outlook.
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