Futures Contracts Speculation

$LAYER First: Support and Resistance Levels:

Supports:

1. 3.0100 – Strong support, mentioned in the chart as a "market stop" level, and if broken, we may see a sharp decline.

2. 2.9750 – Lowest price in 24 hours, breaking this is considered very negative.

3. 2.6930 – The lower Bollinger band, a distant but important support.

Resistances:

1. 3.1388 – Fair price according to Binance, represents a medium resistance.

2. 3.2163 – Nearby previous peak, strong short-term resistance.

3. 3.3740 – Highest price in 24 hours, main resistance.

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Second: Recommendation (for short trading - scalping or day trading):

Positive Scenario (if holding above 3.01):

Entry Point (Buy): 3.05 – 3.08

First Target: 3.13

Second Target: 3.21

Stop Loss: Clear break below 3.00

Negative Scenario (if breaking 3.00):

Entry Point (Sell/Short): 2.99 – 3.00

First Target: 2.93

Second Target: 2.70

Stop Loss: Above 3.05

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Important Tips:

RSI below 50 means the market is still leaning towards decline.

Follow the news or updates of the project (Solayer) if you intend to enter a long position.

Watch the trading volume — if it suddenly increases, it may indicate a change in direction.