BNB Coin (BNB) dropped over 3% in the past 24 hours, falling to $850, undercutting key support zones and erasing earlier session gains.
BNB spent most of the day consolidating between $885 and $888, building a tight range pattern supported by rising lows and increased volume early in the session. A breakout above the $888 technical pivot signaled potential bullish momentum.
But that push failed to hold as trading activity thinned and broader market pressure returned. As the wider crypto market dropped, witjh bitcoin and ether registering 24-hour losses of 2.8% and 3.6%, respectively, BNB dropped as well.
The decline appeared technical rather than tied to any BNB-specific negative news.