BNB is unlikely to fall below $200, unless there will be some serious events with Binance, which will contribute to the decrease in the rate and prosecution of the exchange by the regulators. In my opinion, such events are unlikely. Right now the price is not so high to invest in the long term. I think in 2-3 years, the price of BNB may reach $1,000 and bring a few hundred percent return from the current marks.
BNB just recovered from a major market setback from the crisis with the exchange and sec which forced the price to slide down a bit in the last weeks but at the moment, there is a lot of recovery under way, and sure BNB could possibly reach 1k shortly but when that will be is unknown I am sure if there is a major market surge for bitcoin it will result into that level for BNB.
I believe in the capability of BNB since it provides liquidity for the exchange which is the major community for the coin.
The price recovery may continue for some time, I am not sure that it has already finished, BNB is still trading at a significant discount, relative to its prices in 2021. It certainly cannot be called a full-fledged recovery. BNB will only reach $1,000 in the event of a global bull run and an influx of liquidity to the markets when bitcoin also updates its next ATH. Without these events, altcoins are unlikely to grow so rapidly to update their ATH.