BTCUSDT Long – Strong Reversal from Support, Trendline HoldingBitcoin / TetherUSBINANCE:BTCUSDTsachinjejurkar313I’ve entered a long position on Bitcoin around 122,947, based on a clean technical reversal from the intraday support zone. Reasoning: 🔹 Trendline Support Holding: BTC respected the ascending trendline and quickly reversed after dipping below 122,669, showing that buyers are still in control. 🔹 False Breakdown & Recovery: The quick bounce back above the breakdown level indicates a liquidity grab followed by strong bullish pressure. 🔹 Overall Bullish Structure: On higher timeframes, Bitcoin continues to make higher highs and higher lows — confirming an ongoing uptrend. Trade Setup: 📍 Entry: 122,947 ⛔ Stop Loss: 122,235 🎯 Target: 125,000 and above As long as BTC holds above 122,600, I’ll maintain a bullish bias with expectations of a move toward 125K+. A strong breakout above 125K could open the next leg higher.