$LAYER /USDT Breakout Alert – Reversal Long Setup
Current Price: $0.8011 (-4.60%)
Trend: Potential Reversal (EMA(7) close to crossing EMA(25))
Long Trade Setup
Entry: $0.8050 (break above EMA 7 & minor resistance)
Stop Loss: $0.7950 (below 24h low for safety)
Targets:
TP1: $0.8200 (2% gain)
TP2: $0.8400 (4.5% gain, near 24h high)
TP3: $0.8600 (7% gain, next resistance level)
Key Reasons for Long:
EMA(7) ($0.8143) nearing a bullish crossover above EMA(25) ($0.8177)
Strong volume support (3.62M LAYER / 2.98M USDT in 24h)
Holding above critical support at $0.7975 (24h low)
Risk/Reward: ~1:3 (Scale out partially at each TP)
Trade active until EMA(7) confirms sustained uptrend above EMA(25). 🚀 Buy the breakout for a swift reversal play!
Trade----here $LAYER