Beldex (BDX) is currently trading at $0.086584, showing a 24-hour price increase of 1.55%, with a daily range between $0.084745 and $0.08659. The trading volume over the last 24 hours stands at approximately 10.4 million, representing 1.73% of the market cap, indicating a moderate level of trading activity.

Technical indicators suggest a bullish short-term outlook, with hourly moving averages showing consistent upward momentum. The 1-hour RSI is at 74, indicating that BDX is approaching overbought territory, while the 7-day RSI at 59 suggests room for further gains before hitting overbought levels.

Over the past week, BDX has appreciated by approximately 8.80%, supported by positive price changes of 7.78% over the last 14 days and 4.26% over the last 30 days. This upward trend, coupled with the strong performance in the short-term moving averages, suggests a favorable market sentiment towards BDX.

Despite its current price being significantly below the all-time high of $0.450785 reached in December 2018, the recent upward trajectory may indicate potential for recovery. However, the high RSI values and close proximity to resistance levels warrant caution against potential pullbacks.

Given the current market conditions, the strong bullish indicators, and a manageable RSI level, a Buy rating is warranted. Investors should consider entering positions now, but remain vigilant for signs of overextension as profit-taking could occur if the price continues to rise rapidly.