🚀 Layer Coin (LAYER) Potential 20x Rally Alert! Breaking Key EMA Resistance After 8 Rejections!
➡️ Key Setup:
- Breaking 1H 50 EMA: LAYER/USDT has finally breached the 1-hour 50 EMA after 8 rejections, signaling a strong bullish shift in momentum. This EMA breakout is critical as it often acts as dynamic support/resistance in trending markets .
🔵- Entry Trigger: Wait for confirmation (a close above the EMA with volume support) to avoid fakeouts. Aggressive traders may enter on the breakout, but conservative traders can wait for a retest of the EMA as support.
🔴-Stop Loss: 0.9150 – Place SL below the recent swing low or structure to mitigate risk.
🟢- Take Profit: 1.1770– This aligns with a 20x potential from lower timeframes, but scale out partially at interim resistances.
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⚠️ Disclaimer: Not financial advice. Manage risk.)
