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According to the 15-minute chart for CervoMed, the Bollinger Bands are currently expanding downward, indicating a bearish momentum in the market. The recent bearish Marubozu candlestick pattern observed on September 8, 2025 at 13:15 further reinforces this notion, suggesting that sellers are currently driving the market trend. Consequently, it is likely that this bearish momentum will continue in the near term.
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