$BID USDT (Perp, 15m) chart. Hereโs the breakdown ๐
๐ Chart Observations
Price Action
Current: 0.07380
24h High: 0.10119, Low: 0.06292
Sharp fall from 0.101 โ 0.071, now small bounce.
Trend
Today: +5.44%, 7 days: +11.94%
30 days: -47% โ still in strong downtrend overall.
90 days: +50% โ medium-term still positive.
MACD
Histogram still red โ bearish pressure not finished yet.
Lines below zero โ trend still weak.
Order Book
Buyers 49.64% vs Sellers 50.36% โ almost equal, no strong demand yet.
Support & Resistance
Support: 0.071 โ 0.072 (recent bounce).
Resistance: 0.082 โ 0.085 (first major block).
๐ My Suggestion
Right now price is in recovery after crash โ but momentum is still bearish.
If you are holding from higher, use this bounce to reduce risk / partial exit.
New entry is risky until it reclaims above 0.082โ0.085 with strength.
If it breaks below 0.071, next fall likely.
๐ Decision: WAIT (safe option).
Only buy if you see reversal signs (MACD crossing up + strong green candles above 0.082).
Otherwise, better to stay patient.
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