BNB Price Prediction: Risk of Sharp Drop Below $300

BNB price (Binance coin) is moving lower below the $310 support against the US Dollar. The bears could gain strength if there is a close below $300.Binance coin price is moving lower from the $318 resistance against the US Dollar.
The price is now trading below $310 and the 100 simple moving average (4 hours).
There was a break below a key bullish trend line with support near $310 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair could accelerate lower if it breaks the