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Is CBUS setting up for a drop? Fell Below 20 Day Moving Average shows up after sliding 3.62%
On Wednesday, September 17th, CBUS moved down 3.62% while volume shrunk to 0.7× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.31, 1.28 & 1.24, with resistance at 1.38, 1.42 & 1.45.
Current SwingTradeBot Technical Rating of CBUS: F
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