Deep Dive
1. Exchange Delisting (Bearish Impact)
Overview:
Bitget delisted BAD/USDT on July 12, 2025, citing low liquidity and compliance reviews. This followed a 14.35% surge in trading volume ($1.02M) as traders likely exited positions pre-delisting.
What this means:
Delistings often trigger panic selling due to reduced market access and perceived project weakness. The timing aligns with BAD’s 24h price dip, suggesting traders priced in lower liquidity and institutional confidence.
What to look out for:
Monitoring BAD’s remaining exchange support (e.g., CoinEx) and whether new listings emerge to offset liquidity loss.
2. Technical Weakness (Bearish Impact)
Overview:
- RSI-14 at 40.03 signals neutral-to-oversold conditions but reflects fading buying momentum.
- MACD histogram (-0.000000000039575) shows bearish divergence since July 2025.
- Price trades below 7-day SMA ($0.0000000077492), reinforcing short-term downtrends.
What this means:
Technical traders likely amplified selling pressure as BAD breached key support levels. The lack of bullish reversal patterns (e.g., Fibonacci retracement holds below 23.6% at $0.0000000095831) suggests continued caution.
Overview:
The Shiba Inu team warned about fake BAD reward portals in May 2025, a narrative still affecting retail sentiment. However, BAD’s social mentions spiked (+52% in July 2025) due to trending status on Crypto Twitter.
What this means:
While scams hurt credibility, recent social traction hints at speculative interest. The net effect remains negative until concrete project updates or partnerships counterbalance trust issues.
Conclusion
BAD’s decline reflects a mix of structural risks (exchange exits), technical breakdowns, and unresolved reputational challenges. While oversold conditions could invite short-term rebounds, the absence of bullish catalysts leaves the token vulnerable.
Key watch: Can BAD stabilize above its 30-day SMA ($0.0000000085856), or will delisting fallout push it toward yearly lows?