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Based on the analysis of the 15-minute chart, Society Pass's technical indicators have triggered a bearish trend. Specifically, the KDJ Death Cross and Bearish Marubozu at 10:15 AM on October 16, 2022, suggest that the momentum of the stock price is shifting towards a downward direction. This shift in momentum indicates a potential for further decreases in the stock price, with sellers currently controlling the market. As such, it is likely that this bearish momentum will continue.
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