$BNB the native token of the Binance ecosystem, is facing increased downward pressure as market volatility spikes across major cryptocurrencies. After weeks of strong momentum, the asset is now showing signs of correction, with traders eyeing the $850 support zone as the next critical level.
🔻 Market Sentiment Turns Bearish
Over the past 24 hours, BNB has experienced a notable pullback driven by:
Profit-taking by long-term holders, especially after recent high gains.
Bitcoin’s slight retracement, which often drags altcoins with it.