BNB has declined nearly 9% this month, falling below the $1,000 mark amid a broader market downturn. The cryptocurrency is currently trading at $987, with $1,000 identified as a key resistance level and $936 as immediate support. On-chain indicators, including the NVT Signal and STH NUPL, suggest that BNB may be undervalued, indicating potential for a rebound if accumulation increases.
BNB Drops Below $1,000, On-Chain Data Hints at Possible Rebound
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