$LAYER /USDT BULLISH COMPRESSION — BREAKOUT NEARS ABOVE $3.00 LEVEL!
$LAYER is tightening within a horizontal range, bouncing off the $2.90 support zone and challenging the $3.10 resistance once again. The repeated testing of resistance suggests a buildup of bullish pressure, with a potential breakout if price holds above $3.00.
TRADE SETUP:
Entry (Long): $2.98 – $3.02
Take Profit Targets:
TP1: $3.10
TP2: $3.22
TP3: $3.35
Stop Loss: $2.91
MARKET OUTLOOK:
Market structure favors bulls as accumulation continues. A confirmed breakout above $3.10 with strong volume could lead to an extended rally. Monitor for false breakouts and manage risk accordingly.
Command: Position early, trail tight, and let the breakout reward your timing.
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