Jun. 11 at 9:03 PM
$MUR
Trading within an ascending channel since early 2025,
$MUR has maintained higher highs and higher lows above 50 EMA and 200 EMA.
Long-term, price remains capped by a multi-decade descending trendline. Recently, a bull flag formed beneath this resistance, signaling a potential continuation if breakout occurs.
RSI above 50 and a flattening MACD suggest downside momentum is fading. Pullbacks continue to attract accumulation.
Key levels: a breakout of the bull flag shows near-term strength; a decisive break above the long-term descending trendline would indicate a structural shift.
