BNB Falls Below $1,000 Amid Increased Selling Pressure – 11/11/2025
BNB, the native token of the BNB Chain, dropped below $1,000 over the past 24 hours, hitting a low of $974 and entering bearish territory.
Trading volume surged nearly 88% above the daily average, signaling strong selling pressure, according to CoinDesk Research’s technical analysis. The token has been in a downward trend since peaking near $1,300 earlier this year. Attempts to rebound above $1,000 have failed, with lower highs and a failed double bottom near $975 pointing to further downside.
“Short-term volatility doesn’t change BNB’s long-term fundamentals,” said Jake A., analyst at BNB-linked project AIC. “Infrastructure and new token launchpads continue to support on-chain utility.”
Immediate resistance is at $1,000–$1,008, while support sits at $972.85, with a psychological floor at $970. Analysts note $959 as the next potential target if support fails.
The decline comes amid a broader market pullback, with the CoinDesk 20 (CD20) index losing 2.16% over 24 hours.
