✅ Setup 123 is present with a valid reversal structure, increasing volume, and support in the region of 0.9330.
Let's make a complete technical analysis of the LAYER/USDT pair on the 15-minute chart:
🧠 1. General Context
Recent trend: After a significant rise with a peak near 0.9600, the price retreated strongly to the region of 0.9330 and is now attempting to form a higher low.
Present volatility: The asset shows good fluctuation for short trades.
📊 2. Technical Indicators
Moving averages:
MA 9 = 0.9482 (below the current price)
MA 25 = 0.9454 (below the current price)
MA 99 = 0.9563 (above the current price)
➕ The short MAs crossed above the 99-period average previously, but now the price is trying to regain strength.
Current candles: Two consecutive bullish candles after rejection with a long lower wick indicate an attempt at a bottom reversal.
🔎 3. Bullish Setup 123
Candle 1: Strong bearish candle (formed around 07:45)
Candle 2: Bullish candle with a long lower wick
Candle 3: Confirmation with a new bullish candle
✅ Setup 123 is present with a valid reversal structure, increasing volume, and support in the region of 0.9330.
📈 4. Entry Strategy
Suggested entry (LONG): above 0.9515, with confirmation of a strong candle and volume
Stop Loss: below 0.9420 (last relevant low)
Target 1 (TP1): 0.9600 (previous resistance)
Target 2 (TP2): 0.9700 (recent peak and psychological resistance)
Risk/Return: Approximately 1:2 or higher
📌 Strategic Summary
Point
Value
🎯 Entry
0.9515
❌ Stop Loss
0.9420
✅ Target 1 (TP1)
0.9600
🏁 Target 2 (TP2)
0.9700
🎯 Risk/Return
~1:2
📌 Final Recommendation
This is a reversal trade with a confluence of support, setup 123, strong candle, and short MAs attempting to cross. The ideal is to enter only with confirmation of the candle breaking 0.9515 with volume above average.