Bullish Reversal โ Long Setup in Play ๐
$BTC Bitcoin has shown a strong rebound off the 112,700 support zone following a sharp sell-off, signaling the potential start of a bullish reversal. Key levels are being actively defended by buyers, and momentum appears to be shifting back in favor of the bulls. I'm currently watching the 114,000 level closelyโif we see a confirmed break and hold above it, that would likely pave the way for a stronger push toward the next resistance levels.
๐ง Trade Setup (Long Position)
Entry Zone: 113,300 โ 113,600
Take Profit 1: 114,500
Take Profit 2: 115,000
Take Profit 3: 115,600
Stop Loss: 112,550