🚨 Alert with BDXN/USDT! 📉 We are seeing a significant drop, more than a 10% decline! The current market price is $0.05649. It seems that the shorts are hunting for liquidity in the lower zone.
The key support to watch is at $0.05513 (24h low). If the price reaches there and we see a rejection wick with buying volume, we could be looking at a good bounce for a speculative long. However, the dominance of the supply and the taker selling volume in the last few hours are significant, suggesting that the bears are in control.
Watch out for a possible fakeout! If it breaks that support of $0.05513 with volume, we could be looking for much lower levels. Patience will be key here. Don't jump in without confirmation.
