Beldex (BDX) is currently trading at $0.08035, reflecting a slight decline of 1.15649% over the last 24 hours. The daily price action has remained within a narrow range, with a high of $0.081509 and a low of $0.08014, indicating limited volatility in the short term.

The volume over the past 24 hours stands at approximately 12,953,728, which translates to a trading volume relative to market cap of 2.12%. This volume suggests moderate interest in BDX, although it is below the levels typically seen during bullish trends, indicating potential caution among traders.

Technical indicators indicate bearish momentum in the short term, with the 1-hour RSI at 39, suggesting that the asset is approaching oversold conditions. The moving averages also confirm a downtrend, as shorter-term averages are below longer-term averages, with the 8 SMA at $0.0804 showing a decrease of 0.07%.

Over the last week, BDX has experienced a minor decline of approximately 0.76%, while the 14-day price change reflects a more pronounced drop of 1.43%. In contrast, the 30-day change shows a modest increase of 1.07%, indicating that BDX has seen some recovery in the longer term, albeit with recent weakness.

The all-time high for BDX remains at $0.450785, recorded in December 2018, highlighting a significant drop from current levels. This disparity suggests that while there may be potential for growth, the asset has yet to establish a solid bullish trend after its historical peak.

Given the current technical indicators, moderate trading volume, and recent price declines, Beldex is positioned in a bearish trend. Therefore, the recommendation is to Hold BDX at this time, awaiting clearer signals for a potential upward reversal before considering new positions or increased investment.