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Motorsport Games' 15-minute chart has exhibited a significant trend reversal, with the Moving Average Convergence Divergence (MACD) indicator registering a bearish crossover, also known as a Death Cross. This technical indicator suggests that the stock price may continue to decline in the near term, as sellers have gained control of the market. Furthermore, the presence of a Bearish Marubozu candlestick pattern on the chart supports this bearish sentiment, indicating a strong downward momentum that is likely to persist. Overall, these technical indicators suggest a bearish outlook for Motorsport Games' stock price in the immediate future.
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