Recently, the price trend of BNB has attracted market attention. Analysis shows that $840 is an important price threshold in the short term. If BNB can stabilize above this level within a 1-hour time frame, it will be seen as a strong signal of a rebound. However, if it fails to break through this key point, it may indicate insufficient upward momentum.

If BNB successfully breaks through 840 dollars, investors need to closely follow the three potential resistance levels of 848, 853, and 858 dollars. These price points may exert pressure on further rise.

On the other hand, if BNB fails to hold above $840 during overnight trading, it may indicate a weak rebound. In this case, market participants should be cautious of a possible further decline. The primary observation point is the previous low of $830. If this support level is broken, the next support levels to watch are $825, $819, and $811.

It is worth noting that the current cryptocurrency market is overall in a correction phase, and the trend of BNB is inevitably affected by the broader environment. Market participants are generally concerned about when the altcoin market will see substantial improvement, as well as the potential impact of geopolitical factors such as the developments in the Russia-Ukraine situation on the market. These macro factors may indirectly influence the price trend of BNB.

When investors formulate trading strategies, in addition to focusing on key price levels from a technical perspective, they should also closely monitor the overall market sentiment and the development of significant events. Properly managing risk and flexibly adjusting strategies will be a wise move to cope with the current market environment.