Bitcoin Long Position: Strong Trendline Support! Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PAiltraLooking to take a long position on Bitcoin (BTC/USDT) as it bounces off the ascending trendline 🚀. The trendline has historically shown strong support levels, and it’s currently retesting it for a potential reversal. Key Points: Current Price: 112,580 USDT 💰 Support Zone: Trendline support is around 112,000 – 111,800 ⬇️ Target: Higher Highs near 116,322 (EMA 20 resistance level) 📈 Stop Loss: Set just below the trendline at 111,500 🔒 Trade Setup: Entry: At 112,580 USDT Stop Loss: 111,500 USDT Target 1: 114,800 – 115,500 USDT Target 2: 116,322 USDT (potential breakout) Reasoning: Trendline Rebound: BTC is testing a major trendline support. Short-Term Momentum: Expecting a continuation after this test. Risk Management: Tight stop below the trendline for safety. 🔔 Stay updated: Follow for more setups and updates! Happy trading!