BNB Holds Firm Above $950 as Traders Defend Key Support Level During Market Decline

BNB Chain’s native token, BNB, held steady above $950 after dropping 0.6% in 24 hours. The token last traded at $952, showing resilience in the face of wider market volatility; the CoinDesk 20 (CD20) index fell 1.6% in the same period. After opening at $957.70, BNB dipped to a low of $891.84 before recovering. Buyers stepped in at the $940 support level, an area that had been tested repeatedly during recent price swings according to CoinDesk Research's technical analysis data model. The recovery suggests ...