$LAYER /USDT BULLISH TECHNICAL ANALYSIS
$LAYER is showing a strong bullish structure as price continues to trade above key moving averages. MA(7), MA(25), and MA(99) are aligned for upside momentum, indicating sustained accumulation and a potential continuation of the upward trend.
Recent candles show strong buying pressure with rising volume, confirming buyers’ control. A breakout above the recent resistance zone signals that bulls are preparing for another leg upward.
LONG ENTRY:
Above the breakout zone once price sustains upward momentum.
TARGETS (TP):
• TP1: Next resistance zone
• TP2: Upper supply region
• TP3: Extended bullish target
STOP-LOSS (SL):
Below the local support zone to protect the setup.
RISK MANAGEMENT:
Use strict position sizing, never risk more than a small percentage per trade, and trail SL upon each target hit to secure profits.
#TechnicalAnalysis #CryptoSignals #LAYER #PriceAction #TradingSetups
