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Is ELDN lining up for a decline? Fell Below 20 Day Moving Average shows up after slipping 1.92%

Eledon Pharmaceuticals, Inc. (ELDN) โ€” SwingTradeBot Technical Analysis Report ยท Sep 23, 2025, 20:05 ET
ELDN finished lower by 1.92% on Tuesday, September 23rd, trading 1.3 times its typical volume. Fell Below 20 DMA โ€” typically a warning sign for traders โ€” developed during the session. Key support levels exist at 2.5, 2.44 & 2.34, with resistance at 2.66, 2.76 & 2.82.

Current SwingTradeBot Technical Rating of ELDN: F

Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.

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Eledon Pharmaceuticals, Inc. (ELDN)