#OnChinInsights $LAYER /USDT Trading Signal
🛑Current Price: $1.0456
Trading Strategy: LONG (BUY)
The chart indicates a strong bullish trend, with price making higher highs and staying above short-term moving averages (MA7, MA25, MA99).
✅Entry Point(s):
Ideal Entry: $1.0300 - $1.0450 (Buy on slight pullback)
📍Stop-Loss Placement:
Stop-Loss: Below key support at $0.9900
🚩Take-Profit Target(s):
First Target (TP1): $1.0800 (Resistance zone).
Second Target (TP2): $1.1000 (Breakout potential).
♨️Confirmation Indicators:
Price is trading above MA7 and MA25, showing strong momentum.
Recent breakout above $1.00 psychological resistance.
Volume is increasing, indicating strong buying interest.