BTCUSD Long Idea: Bullish Break and Retest of Key LevelBitcoin / US DollarBINANCE:BTCUSDhammad69918Hello TradingView Community, This post outlines a potential long trade setup on the Bitcoin / U.S. Dollar (BTCUSD) pair, based on the 15-minute timeframe. Technical Analysis: The chart is showing a potential shift in momentum from bearish to bullish. A key horizontal price level can be identified at approximately $111,684.09. This level previously acted as a support zone before a breakdown, and subsequently served as a resistance ceiling. We have recently witnessed a strong breakout above this key level, suggesting that buyers are stepping in with force. The trading idea is based on a classic "break and retest" scenario. The expectation is that the price will pull back to this former resistance level, which is now anticipated to act as new support. A successful bounce from this area would provide a confirmation to enter a long position. Trade Setup: The long position tool on the chart visualizes a potential trade plan based on this bullish outlook: Entry: Approximately $111,684.09 (at the retest of the new support). Stop Loss: $109,435.79 (placed below the support structure to invalidate the idea if the level fails to hold). Take Profit: $120,820.14 (targeting a new higher high, representing the next potential leg up). This setup offers a structured plan with a favorable risk-to-reward ratio for a potential bullish continuation. Disclaimer: This analysis is for educational and discussion purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk. Please conduct your own due diligence and manage your risk appropriately.