On April 13, the $BNBprice spiked 2% on the daily chart, right after Bitcoin ($BTC) reclaimed the $72,000 mark.

According to CoinMarketCap, the $BNBprice is currently revolving around $604.66 after witnessing a surge of $2.2% in the last 24 hours.

$BNBPrice Faces Strong Resistance at $612

Last week, the $BNBprice suffered a sharp rejection around the $612 level and then dropped to lows around $592. However, buyers have started defending the token after starting to accumulate it. Thanks to this, a strong recovery is now visible as the price soars above $604. The token is now sitting at a major level, which will play a major role in its upcoming price movement.

At present, there is a dollar cost averaging zone between $600 and $598.50. After this, there are major levels at around $597 and $595, and finally $594 to $592. To manage risk, the stop loss should be placed below $591. Also, to book profit, there are targets at $610 and $615.

The price of $BNBhas fluctuated between $591 and $608 during the day. It has stayed mostly flat over the last week, with a few big swings up or down. This sideways action comes when the overall crypto market follows the upward trajectory. On Monday, Bitcoin ($BTC) once again reclaimed its position above $72,000.

According to the chart on TradingView, $BNBis in a neutral consolidation pattern. It has been bouncing inside a very tight range between $590 and $620 for recent days. The cryptocurrency is still down by more than 55% from its all-time high of around $1,300 in late 2025. It has not broken out of its longer-term downtrend yet.

At present, there is no strong buying or selling pressure on the exchanges for the $BNBtoken.

$BNBis sitting at around its short-term lines. The 5-day and 10-day averages are around $597, which gives mixed signals. The currency price of the $BNBtoken is below the 50-day average, which sits around $599 to $625, as well as below the 100-day average near $601 and the 200-day average near $602.

In simple words, when the price stays under these lines, it generally means that sellers have more control over time. However, it also suggests that these short-term averages suggest the drop may be slowing. The Relative Strength Index on the daily chart is around 69, which clearly suggests that the cryptocurrency is currently in near-overbought territory.

Other indicators, such as MACD, are giving a small sell signal, but there is a weak strength for price movement in any direction.

Before the Osaka/Mendel fork (April 28, 02:30 UTC), make sure your node is ready:
? Upgrade to BSC v1.7.2
? Binary replacement is enough
? Clean up old config fields

Missing this puts your node at risk of falling out of sync.https://t.co/5xwT0kz8Z2 https://t.co/dA9RcDVK1e

— $BNBChain Developers (@BNBChainDevs) April 12, 2026

On April 12, $BNBChain issued an urgent warning to all node operators to upgrade their nodes. They must upgrade to BSC version 1.7.2 before the Osaka and Mendel hard fork on April 28 at 2:30 a.m. UTC. This update will improve the stability of the blockchain network. Also, it will enhance block building and provide a gas limit cap to stop certain transaction tricks.

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