Updated $LAYER Coin Setup

$LAYER – Bounce Zone at ~$1.47

Support Level: Price is holding around $1.47, a level that has acted as strong support multiple times in the past.

Indicators: RSI is approaching oversold territory on the 4H chart, and volume is gradually increasing—signs of a possible reversal.

My Strategy:

If LAYER forms a bullish engulfing or strong candle above $1.50, I’ll look for an entry.

Short-term Target: $1.70

Invalidation: Close below $1.40 = no trade.

Why it matters:

This could be a clean bounce opportunity if the structure holds. Patience is key—waiting for confirmation, not guessing.

What’s your view on $LAYER? Think the bounce is legit? Let’s discuss in the comments.

Not financial advice. For educational purposes only.

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