$BID – Oversold Rebound Targeting $0.15

Current Price: $0.10503 (−13.22%)

24h Range: $0.08606 – $0.12478

24h Volume: 236.10M BID / 26.36M USDT

Key Technicals

- Trend Bias: Short-term oversold, showing early signs of stabilization.

- Resistance Levels:

- R1: $0.125 – first recovery hurdle.

- R2: $0.150 – main rebound target.

- Support Levels:

- S1: $0.095 – immediate support.

- S2: $0.086 – recent low, invalidation level.

- Indicators:

- EMA(7 / 25 / 99): Price below short-term EMAs but flattening slope suggests selling pressure is easing.

- MACD: Bearish momentum slowing, potential bullish crossover ahead.

- Volume: Heavy sell-off followed by lighter selling — possible accumulation phase.

Trade Setup

- Entry Zone: $0.095 – $0.110 (accumulation buys)

- Target: $0.150 (main rebound target)

- Stop Loss: $0.085 (below recent low)

- Risk–Reward: ~3.0

Setup Logic

- BID has pulled back sharply into a key support zone, offering a favorable risk–reward for rebound traders.

- A sustained close above $0.125 would confirm momentum shift toward $0.15.

- Short-term sentiment could improve quickly if broader market conditions turn risk-on.

#BID $BID @CryptoNewsHQ