$BNB
The current price of BNB stands at $604, experiencing a downward trend for two months. The altcoin is struggling to break through the resistance at $611. To overcome this barrier, BNB needs strong support from the broader market or upcoming developments that could provide a catalyst for price movement and reversal.
One potential catalyst is the major hard fork of Lorentz opBNB, scheduled for today. The hard fork aims to enhance the speed and responsiveness of the chain. If successful, this could help BNB break through the resistance at $611 and push the price towards the next level of $647, stimulating bullish sentiment.
