BNB Falls Below $1,000 as Selling Pressure Pushes Token into Bearish Territory – 11/11/2025

BNB, the native token of the BNB Chain, slipped below the closely watched $1,000 mark over the past 24 hours, hitting a low of $974 and signaling a shift into bearish territory.

Trading volume surged nearly 88% above its 24-hour average, indicating significant selling pressure, according to CoinDesk Research’s technical analysis model. The token has been in a consistent downward trend since peaking around $1,300 earlier this year. Attempts to rebound have struggled to push prices back above $1,000, with technical indicators—such as lower highs and a failed double bottom near $975—pointing to further downside potential.

“Short-term volatility doesn’t shape the foundation of BNB’s innovation,” said Jake A., an analyst at BNB-linked project AIC. “While market sentiment affects near-term price action, the real driver is infrastructure, including next-generation token launchpads that enhance on-chain utility.”

BNB now faces resistance between $1,000 and $1,008, while support sits around $972.85, with a psychological floor at $970. Should that level break, analysts are eyeing $959 as the next potential target.

The 24-hour decline came amid a broader market pullback, with the CoinDesk 20 (CD20) index losing 2.16% over the same period.