$LAYER
LAYER/USDT
Strategy Overview:
1. Trend Bias: Bearish short-term trend, as price remains under key moving averages (MA7, MA25, MA99).
2. Entry Idea: Look for confirmation of a higher low around 1.94–1.95. Enter long only if a strong bullish candle closes above the MA7 with volume.
3. Stop Loss: Place a tight stop below the recent low at 1.8916.
4. Target: First target near 2.00, and second around 2.07 (MA25 resistance).
5. Volume Spike: Recent volume increase suggests potential reversal, but confirmation is key.
Notes:
If price breaks below 1.89, consider a short opportunity.
Use trailing stop once the trade moves into profit.