BNB Dives Below $900 as Market Sentiment Cools
Recent market data shows BNB has slipped below the critical $900 mark, hitting a low of $899.94 with a 2.73% drop over the past 24 hours. The decline, accompanied by rising trading volume, reflects intensifying pressure from sellers amid shifting investor sentiment.
Technical Indicators Flash Caution
On the daily chart, BNB has broken below key moving averages, while the RSI has softened into a neutral-low range, suggesting weakening bullish momentum. A failure to stabilize between $895 and $898 could open the door to a test of the $880 support level.
- Short-term support: $895
- Key support zone: $880
- Resistance area: $910–$915
Traders are advised to monitor on-chain activity and large transfers closely, while implementing disciplined risk management amid heightened volatility.