$LAYER /USDT – IS A STRONG REVERSAL COMING?
$LAYER/USDT has faced a 15.07% decline, dropping from a 24H high of $1.0774 to a low of $0.8505, currently trading at $0.8793. After a sharp drop, buyers are attempting to hold support, signaling a potential recovery. If momentum builds, we could see a breakout toward key resistance levels.
🎯 Potential Targets for Upside Recovery:
TP1: $0.9200
TP2: $0.9800
TP3: $1.0500
🛑 Stop Loss (SL): $0.8500
📉 Market Outlook:
The price has shown some signs of stabilization, but a confirmed reversal is needed for a bullish move. If buying pressure increases, a breakout could push the price towards the $1.00 zone. However, failure to hold support may result in another leg down.
⚠ Risk Management:
Use a strict stop loss and adjust position size based on risk tolerance. Avoid FOMO and trade wisely!
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