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Regarding the recent trend of BNB, there are actually several key technical levels to focus on.
From an upward perspective, if BNB can volume-break through the $904 resistance and stabilize above this level, then the upward momentum will truly be established. This is currently the most critical bullish signal.
Conversely, once the short-term support level of $856 is broken, the risk will clearly increase. At that point, not only will the $856 support be lost, but the $840 range or even lower levels could also be tested.
To be honest, the most crazy price predictions and the most pessimistic voices in the market always appear together. Some are calling for a target of $2000, while others are firmly defending the $860 level. Between these two extreme viewpoints, countless sleepless trading days lie.
Ultimately, BNB's current market presents a clear dichotomy. On one hand, there is the grand imagination space of repeating historical highs; on the other, the overall market weakness and technical resistance exert dual pressure. In such an environment, traders need to have both dreams and a grounded focus on key technical position changes.