BNB has broken a multi-year trendline, surging over 600% from its bear market low, and is now in price discovery mode. Fibonacci analysis highlights $1,486 and $1,983 as key resistance levels, with $2,000 as a potential target by year-end. The BNB Chain's leadership in blockchain activity, bolstered by deflationary burns and network upgrades like opBNB, supports this bullish outlook. Analysts believe sustained momentum and on-chain growth could propel BNB toward these price milestones.
BNB Surges, Targets $1,983 and $2,000 Amid Bullish Momentum
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