BNB News Today: BNB's $800 Make-or-Break Moment as Bearish Momentum Intensifies

Binance Coin (BNB) is testing critical support levels as technical indicators suggest a potential shift in its long-term trend. The cryptocurrency fell below key moving average lines on Nov. 22, 2025, trading as low as $862 amid bearish momentum that has eroded recent gains. Analysts at Coinidol.com note that the price breach of the October 10 and November 4 levels signals a continuation of the downward trajectory, with Fibonacci retracement patterns pointing to a possible drop to $817.81-a level that could trigger further selling pressure if confirmed.

The 21-day simple moving average (SMA) now sits below the 50-day SMA, reinforcing the bearish bias. On the 4-hour chart, declining moving averages and Doji candlesticks indicate waning bullish conviction. While a rebound above $900 could temporarily stabilize the price, sustained trading below $850 would likely confirm a breakdown of the recent consolidation pattern.

Historically, BNB has exhibited resilience during market downturns, but the current environment-marked by broader crypto market liquidity constraints-has amplified selling pressure. The token's recent performance aligns with broader trends in the sector, where liquidity shocks following October 10's record liquidation event have led to protracted declines. However, Coinidol's analysis cautions that while the short-term outlook is bearish, past cycles suggest V-shaped recoveries could materialize if the price finds a floor at key support levels.

Traders are closely watching the $800 psychological threshold, which coincides with the 1.618 Fibonacci extension level. A break below this level would likely target the $750 region, testing the robustness of the long-term bullish thesis that has driven BNB's growth over the past two years. On the upside, a retest of the $1,000 resistance level would require a sustained rebound above the 21-day SMA and a reversal of the current negative momentum.

The broader market context remains mixed. While Bitcoin Munari's Solana-based launch and BitMine's Ethereum staking plans highlight innovation in the crypto space, macroeconomic headwinds and regulatory uncertainty continue to weigh on investor sentiment. For BNB, the immediate focus is on whether buyers can defend the $850 support level to prevent a deeper correction.