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ELDN Crossed Above 20 Day Moving Average on September 23

Eledon Pharmaceuticals, Inc. (ELDN) — SwingTradeBot Technical Analysis Report · Sep 22, 2025, 20:04 ET
On Monday, September 22nd, ELDN moved up 1.96% while volume increased to 1.3× the usual levels. Multiple bullish signals emerged — Crossed Above 20 DMA, Directional Movement Crossover Bullish & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 2.53, 2.47 & 2.4, with resistance at 2.66, 2.73 & 2.79.

Current SwingTradeBot Technical Rating of ELDN: F

Today’s move could mean more—check all the signals for ELDN on SwingTradeBot.

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Eledon Pharmaceuticals, Inc. (ELDN)