$BNX is currently trading within its Bollinger Bands, with the upper band at 2.01 and the lower at 1.49, indicating potential consolidation rather than overextension. Price stagnation suggests a lack of volatility at this moment. A breakout above resistance at 2.12 could signal a bullish trend, while a drop below support at 1.0964 may indicate bearish sentiment. As a risk management strategy, consider setting a stop-loss just below 1.0964 to protect against downside risk. Recommended action: wait for confirmation of a breakout, or set alerts at key levels for more strategic entry.

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