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CION forms 200 Day Moving Average Resistance on August 7
CION posted a 3.3% gain on Friday, August 7th, accompanied by 0.4× normal trading volume. Multiple bearish signals emerged — 200 DMA Resistance and Stochastic Reached Overbought — suggesting potential weakness ahead. Key support levels exist at 7.31, 7.09 & 6.93, with resistance at 7.69, 7.85 & 8.07. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CION: D
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