Image of MDX
MDXMdex (BSC)
$0.0004998
0.39%
1D

Mdex (BSC) Analysis

Investment Score
A quick view into Mdex (BSC)'s investment prospects.
4.4

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • Value Area Re-test: Price is trading below the lower Bollinger Band, historically a mean-reversion opportunity when broader trend support holds.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 75%
Why this state?
  • MDX is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
MDX is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 24.04, which points to stretched downside momentum.
Volatility
Quiet
MDX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0005116 - $0.0005436
Active zone
$0.0004863 - $0.0005072
Support zone
$0.0004798 - $0.0005007
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Quiet
Volume
High
Support & Resistance

Mdex (BSC) support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.0004798 - $0.0005007
Resistance zone
$0.0005116 - $0.0005436
Active zone
$0.0004863 - $0.0005072
Levels Table
LevelZoneStrength
Support 1$0.0004798 - $0.0005007
Resistance 1$0.0005116 - $0.0005436
Resistance 2$0.0005539 - $0.0005988
Resistance 3$0.0006129 - $0.0006350
Resistance 4$0.0006522 - $0.0006688
Active 1$0.0004863 - $0.0005072
Scenario Analysis
Bullish scenario

MDX clears the resistance zone at $0.0005116 - $0.0005436 and holds above it. That would strengthen the breakout case and shift attention to $0.0005539 - $0.0005988.

Bearish scenario

MDX loses the support zone at $0.0004798 - $0.0005007. That would weaken the setup and open the way toward $0.0004798 - $0.0005007.

Neutral scenario

MDX continues trading between $0.0005007 and $0.0005116. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0005410
Bearish
MDX is trading below the 50-day average.
SMA200
$0.0005845
Bearish
MDX remains below the long-term trend line.
EMA50
$0.0005403
Bearish
MDX is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0006485
Bearish
MDX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
24.04
Oversold
RSI (14) is depressed at 24.04, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-0.000006491
Bearish
MACD is below its signal line.
ATR
3.21%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0005325
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-259.90
Bearish
CCI (20) is weak at -259.90, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.00001943
Bearish
Awesome Oscillator is below zero at $-0.00001943, which supports bearish momentum.
Williams Percent Range (14)
-89.57
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -89.57.
Bull Bear Power (13)
$-0.00002625
Bearish
Bull Bear Power (13) is negative at $-0.00002625, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
39.88
Neutral
Ultimate Oscillator is at 39.88, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0005088
Bearish
MDX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0005297
Bearish
MDX is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Mdex (BSC)

Over the past 7 days, Mdex (BSC) price was most positively correlated with the price of Gnosis (GNO), Aster (ASTER), World Liberty Financial (WLFI), Pendle (PENDLE) and JUST (JST) and most negatively correlated with the price of Litecoin (LTC), The Graph (GRT), Sei (SEI), LayerZero (ZRO) and Bonk (BONK).

Positively Correlated Currencies
NameCorrelation
Image of GnosisGnosis0.819
Image of AsterAster0.786
Image of World Liberty FinancialWorld Liberty Financial0.773
Image of PendlePendle0.629
Image of JUSTJUST0.624
Negatively Correlated Currencies
NameCorrelation
Image of LitecoinLitecoin-0.867
Image of The GraphThe Graph-0.866
Image of SeiSei-0.863
Image of LayerZeroLayerZero-0.849
Image of BonkBonk-0.826

Mdex (BSC) price is negatively correlated with the top 10 coins by market cap with a price of -0.419, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.468. Currencies that are positively correlated with Mdex (BSC) indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Mdex (BSC), a move in one direction for Mdex (BSC) would translate into a move in the opposite direction for the negatively correlated coin.

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