BNB
Why BNB is down 2.8% today
Analysis
BNB fell 2.8% over the past 24 hours as market participants reacted to a largely bearish technical setup highlighted in a February 10 price analysis, which pointed to continued downside pressure for Binance Coin. The report framed the move as driven more by near-term price action/flows dynamics than any fresh positive catalyst, contributing to selling momentum.
Contributing Factors (1)
Binance Coin (BNB) Price Analysis for February 10
Can the rate of Binance Coin (BNB) test the $600 mark soon?
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.