BNB Faces Critical Support Challenge as Price Drops Below $1,100

BNB's price has recently fallen below the crucial $1,100 mark, raising alarms among investors. With a 5% and 13% decline in value, the weakening technical indicators suggest that bulls must hold the $1,000 support level to prevent further losses. The current market trend indicates that sellers are regaining control, making it essential for investors to monitor these developments closely to navigate potential volatility.