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Is CION building bearish momentum? Fell Below 20 Day Moving Average shows up after tumbling 5.72%
CION posted a 5.72% loss on Friday, July 17th, accompanied by 0.3× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 5.95, 5.8 & 5.59, with resistance at 6.32, 6.53 & 6.68.
Current SwingTradeBot Technical Rating of CION: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »