$BNT is currently trading at 0.7008 USDT, showing a bearish tendency.
Support is situated at 0.6975 USDT, while resistance can be found at 0.7244 USDT.
With an RSI of 41.68, the coin is approaching oversold territory, suggesting a potential reversal.
A breakout strategy could be viable above 0.7244 USDT, yet traders should be cautious of Bitcoin’s volatility and broader market sentiments.
Watch for macroeconomic developments that could impact overall trading behavior.
