BDXN Maintains Uptrend As Price Eyes Breakout Beyond $0.04596 Resistance Level

BDXN gained 21.19% in hours, reaching $0.04497 before settling at $0.04364.

Price trades above all major EMAs, including EMA(200) at $0.03854.

Resistance sits at $0.04596; 24h volume crosses 902.77M BDXN.

Bondex (BDXN) has posted a sharp upward move in recent hours, climbing over 12% in a strong breakout session. As of the latest data, BDXN was trading at $0.04364 reflecting a 21.19% increase in just a short window. The price earlier reached a high of $0.04497 before pulling back slightly, as shown on the 15-minute chart. Trading volume surged to 902.77 million BDXN over the past 24 hours, with the current resistance set at $0.04596.

BDXN Trades Above Key EMAs, Supporting Ongoing Breakout Momentum

Multiple exponential moving averages (EMAs) currently point to upward momentum in the BDXN/USDT pair. The 10-period EMA shows at a level of $0.04199, and the 21-period EMA remains at this level. Both signals confirm a recent breakout of the short-term resistance of the trend.

In the meantime, EMA(50) is at $0.04062, and the more extended EMA(99) managed to grow to $0.03954. These levels are under the existing spot price, which shows a continuing phase and not a reversal.

The EMA(200), currently placed at $0.03854, has not been revisited during this climb. This alignment of technical indicators supports the breakout view, as BDXN trades well above all four major EMAs. The price remains steady following a recent test of the local high.

Price Range Expands as Market Watches $0.04596 Resistance

The 24-hour trading range spans from a low of $0.03549 to a peak of $0.04686. The marked volatility reflects increasing market interest and short-term momentum. The key support is now set at $0.03585, slightly above the EMA(200), which may act as a longer-term floor.

The top resistance at $0.04596 remains intact after the intraday high at $0.04497 failed to breach it. However, the current price still trades close to the upper end of the range, suggesting traders are actively defending gains. Volume on the USDT side hit $37.11 million, reinforcing the view of elevated participation during the move.

Market Flow Rotates to BDXN as Short-Term Traders React

The surge in BDXN follows recent social trading mentions connecting it with top-gainers like SKATE. Analysts have identified similar chart behavior in recent sessions, particularly the breakout above layered EMA zones.

A recent price call placed BDXN as a candidate for continued upward momentum. As of now, the coin's 7-day gain sits at 27.8%, further supported by gains of 12% and 12.7% against BTC and ETH respectively.

The broader structure remains bullish while price holds above short-term EMAs and maintains support above $0.03585. BDXN sustains its bullish structure, trading above key EMAs and holding $0.03585 support, while market focus remains on a potential breakout beyond the $0.04596 resistance with rising volume.