Could BNB Price Surge Towards $1,370? Key Support Level at $989

The future of BNB price is uncertain as it currently faces a challenging market situation. However, if the token manages to break above the crucial support level of $989, traders predict a potential surge towards $1,370. Analysts suggest that this move could be driven by institutional investors and DeFi activity. While the price remains in a sideways pattern after breaking out of a triangle shape, the key level at $989 will play a crucial role in determining BNB’s short-term direction. BNB’s price has been oscillating without a clear trend, and traders remain focused on whether it can overcome this vital resistance point.