Trendline Support Retest in BTCUSDBTCUSD is currently retesting a crucial trendline support after a sharp pullback. Price broke above resistance earlier and has now returned to retest the breakout zone — a classic setup where buyers may step back in. ✅
📉 After a strong downtrend, we saw a bullish reversal pattern forming, followed by a clean breakout. This retest can act as a potential entry point for a long setup, provided the support holds.
📌 Key Levels:
Support Zone: ~$115,250 – $115,280
Resistance Zone: ~$116,180 – $118,200
Risk-Reward looks balanced with a well-placed SL below the retest candle.
🛡️ Watch for bullish confirmation (like a strong bullish engulfing or volume spike) before entering!
📅 Timeframe: 15-Minute Chart