BNB's price fell below $960, reaching an intraday low of $942.06, before stabilizing between $950 and $960. This decline followed a resistance encounter near $970, with analysts pointing to increased selling volume and a head-and-shoulders pattern as indicators of potential further downward pressure. Key resistance remains at $970, while support is identified near $942. The drop in BNB's price is consistent with a broader market downturn, as evidenced by a 1.6% decline in the CoinDesk 20 index. This reflects a general trend of weakness across the cryptocurrency sector.