BNB Dips Below $1,000 as Selling Pressure Mounts – 11/11/2025
BNB, the native token of the BNB Chain, fell below the key $1,000 level over the past 24 hours, hitting a low of $974 and entering bearish territory.
Trading volume jumped nearly 88% above the daily average, signaling heavy selling pressure, according to CoinDesk Research. The token has trended downward since peaking near $1,300 earlier this year. Attempts to climb back above $1,000 have failed, with technical patterns like lower highs and a failed double bottom near $975 suggesting further downside.
“Short-term volatility doesn’t change BNB’s long-term fundamentals,” said Jake A., analyst at BNB-linked project AIC. “Infrastructure upgrades and new token launchpads continue to support on-chain utility.”
BNB now faces resistance at $1,000–$1,008, with support at $972.85 and a psychological floor at $970. Analysts note $959 as the next potential target if support breaks.
The decline coincides with broader market weakness, as the CoinDesk 20 (CD20) index fell 2.16% over 24 hours.
