BNB Dips Below $990 Amid Market Sell-Off! đš
On November 3, 2025, at 15:30 PM (UTC), Binance Market Data showed BNB (Binance Coin) falling below the key $990 level, currently trading around $985.34 USDT â a 9.12% drop over the past 24 hours. đ
The decline comes amid heavy selling pressure across major Layer-1 tokens, as traders react to increased market volatility. BNBâs 24-hour range shows a high of $1,087.24 and a low of $960.18, highlighting sharp intraday swings. Technical indicators paint a cautious picture: the RSI (10.08) points to an oversold zone, while the MACD remains deeply bearish, hinting at a potential continuation of the short-term downtrend.
Still, analysts suggest this correction could mark a strategic accumulation zone for long-term investors, given BNBâs strong fundamentals and its continued ecosystem dominance. The key question now â can bulls defend the $950 support level before the next market rebound? đ§