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According to the 15-minute chart of Motorsport Games, the stock's recent price action has triggered a narrowing of Bollinger Bands, accompanied by a bearish Marubozu formation on December 1, 2023 at 3:00 PM. This indicates a decline in the magnitude of stock price fluctuations, suggesting that sellers are currently in control of the market. Furthermore, the bearish momentum is likely to persist in the near future.
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