BDXN's recent trend is quite interesting. The latest quote has reached 0.03115 USDT, which is approximately 0.2171 RMB, with a 24-hour increase of 26.52%. From the data, this wave of market activity is indeed hot — trading volume has reached 1.004 billion tokens, corresponding to a trading volume of 26.2862 million USDT, indicating a high level of capital participation.



Just by looking at the moving average system, you can feel how strong the bullish momentum is. The current price is clearly above all moving averages across different periods, with MA(30) at 0.02546, MA(60) at 0.02244, and further down, MA(90) at 0.02076, MA(120) at 0.01983, MA(180) at 0.01890. The current price is 64.7% above MA(180), forming a typical bullish pattern, and the medium to long-term trend signals are quite clear.

However, a warning is necessary here. On the technical indicators side, all three lines of KDJ are floating at high levels: K at 89.80, D at 81.15, and J at 107.10. Especially, the J value has crossed 100 into the overbought zone. What does this mean? There is a high likelihood of a pullback or consolidation in the short term.

Overall, BDXN's upward momentum in this wave is solid, and the trend is quite strong, but it is already at a sensitive point. If you plan to operate, it’s best to adjust flexibly according to real-time movements, and remember to keep an eye on position control, as there are more variables in an overbought state.
BDXN-0.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned