$BNB is consolidating and currently trading near a key support zone, aligning with the lower boundary of the Bollinger Bands , within an ascending broadening wedge and is trading below the 100MA and the Ichimoku Cloud, both acting as strong resistance levels. A decisive breakout above these levels could confirm an uptrend. The Bollinger Bands Channel has historically been a reliable indicator for spotting market tops and bottoms . This makes the current level a crucial area to watch for a potential rebound. If support holds, BNB could establish a strong base before its next move . Trust

@cz_binance

#BinanceAlphaAlert Also BNBCHAIN $BNB is set to launch the Pascal Hardfork on mainnet on March 20th #BNBChain will roll out Pascal Hardfork, a major upgrade to BNB Smart Chain that improves EVM compatibility and introduces EIP-7702. The update will go live on mainnet on March 20th, enabling gas abstraction, smart contract wallets, batch transactions, better UX, and more flexibility for developers. The next hardfork, dubbed Maxwell, is scheduled for June 2025 and is expected to bring faster blocks (0.75s).#BNBChainMeme #MarketRebound