I'm trying this on $BTC 📈 Not really an interesting setup, just an area where rebounds have high probabilities. Moderate risk, it's not the time to look for a bottom, just short-term rebounds.

Wait, did $BNB ‌ just print a bottom or is this another trap?
Looking at the 1H chart, we’ve been stuck in this choppy range between 587 and 620. Every time it tries to break out, the sellers step in. Right now, it’s sitting at 606.59 after a quick rejection from that local high at 617.
The structure is looking a bit weak honestly. We’ve got lower highs forming on the hourly. If we can't hold the 600 level, I’m expecting a flush back down to the 587 support zone. On the bright side, the order book shows some decent buy interest around 606 with about 77% bids, but that can vanish in seconds.

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