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CION Fell Below 50 Day Moving Average on June 16
CION closed down 1.56% on Tuesday, June 16th, with volume running 1.0× above average. Multiple bearish signals emerged — Fell Below 50 DMA, Upper Bollinger Band Walk & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 6.85, 6.78 & 6.64, with resistance at 7.06, 7.2 & 7.27.
Current SwingTradeBot Technical Rating of CION: F
More technical signals and insights for CION → Visit SwingTradeBot.com
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