BNB Price Analysis for February 5: Binance Coin Drops 7.79% to $665.55

BNB falls 7.79% in the last 24 hours, trading around $665.55. The hourly chart shows a break of local support at $672.70, signaling a potential move toward the $650 zone.

Rich by Coin

2026-02-05

The rate of Binance Coin (BNB) has dropped by 7.79% over the last 24 hours. BNB is trading at $665.55 at press time. On the hourly chart, the price of BNB is falling after a breakout of the local support at $672.70. If sellers’ pressure continues and the daily bar closes far from that mark, one can expect a test of the $650 zone soon.

Market participants should monitor whether buyers step in at current levels or if downside momentum accelerates. The outcome of the next few sessions will determine whether the $672.70 area remains a key support or gives way to lower targets.