$LAYER /USDT – Possible Reversal from Intraday Support
LAYER is currently trading around $0.622 after retracing from its intraday high. A short-term support has developed near $0.613–$0.615. If this support holds, we could see a potential recovery bounce toward the upper resistance levels.
Entry Price: $0.6221
Target 1: $0.6345
Target 2: $0.6450
Target 3: $0.6580
Stop Loss: $0.6095
Risk Management:
Only use capital you're comfortable risking. Always trade with a stop-loss in place. Watch for confirmation candles or volume spikes near the entry zone before placing full position size.
Pro Tip for Followers:
If price sustains above $0.620 for a few candles, momentum could build quickly. Consider scaling out profits at each target to reduce exposure.