$BNX is currently priced at 1.7819 USDT, indicating a generally bullish sentiment.
With an RSI of 54.41, the coin is neither overbought nor oversold, providing a balanced market structure.
Key resistance lies at 2.12 USDT, which could be a target for breakouts.
The support level at 1.3421 USDT allows for potential pullback entries.
However, traders should remain cautious of macroeconomic factors and Bitcoin's volatility, which could impact BNX's performance.