Here’s a 15-minute trade setup for $LAYER /USDT as of May 5, 2025:

LAYER/USDT 15m Trade Setup

Current Price: ~$2.9817

MA60: 2.9743

24h Range: 2.9078 – 3.4303

Bias: Bearish to Neutral — down -8.5% on the day, near range lows

Trade Scenarios:

1. Reversal Bounce (Oversold setup):

Entry: $2.94 – $2.96 (demand zone near 24h low)

Target 1: $3.02 (MA10 level)

Target 2: $3.08

Stop Loss: $2.91 (below daily low)

2. Breakdown Short:

Entry: Below $2.90 with volume confirmation

Target: $2.75

Stop Loss: $2.98

3. Range Scalping (Mean Reversion):

Buy Zone: $2.96

Sell Zone: $3.03–$3.08

Stop Loss: Tight below $2.92

Technical Note:

Price is sitting right around the MA60, so this is a critical pivot.

Volume is low, so avoid chasing unless a clear trend emerges.

If BTC drops, LAYER could test or break its daily low.

Would you like me to compile a set of these trade setups for multiple tokens in a daily sheet format?

#MarketPullback #USStablecoinBill #BitcoinReserveDeadline #Write2Earn #layer