$BNX is currently priced at 1.7819 USDT, showing a neutral to bullish market structure.
With a trading volume of 2,078,403.7, momentum appears stable.
The RSI at 54.41 indicates no immediate overbought conditions.
Traders might consider a breakout strategy above the resistance level of 2.12 USDT.
However, if Bitcoin's price fluctuates significantly or macroeconomic factors shift, risks could elevate.
A support level at 1.3421 USDT provides a safety net for potential pullback entries.
