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Meridian's 15-min chart indicates bearish trend with Bollinger Bands expanding downward.
ByAinvest
Thursday, Nov 6, 2025 10:48 am ET1min read
Meridian's 15-minute chart has recently triggered an expanding downward trend in Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern at 11:45 on 06/11/2025. This indicates that market momentum is currently being driven by selling pressure, with sellers in control of the market's direction. As a result, it is likely that bearish momentum will continue to prevail in the near term.
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