Binance Coin (BNB) recently experienced a brief dip below the $800 mark, sparking concerns among traders. However, market data shows the decline was short-lived, with BNB quickly rebounding to the $800–$810 range. Analysts attribute the volatility to routine profit-taking and broader market fluctuations. Despite the temporary fall, BNB maintains strong bullish momentum, up over 20% in the past month. Key support remains near $796, while resistance is seen around $820. Technical indicators suggest potential for a push toward $1,000 if buying pressure continues. Investors are advised to watch price action closely as market sentiment remains largely optimistic.
