😻$LAYER /USDT – Bullish Breakout in Action💥🤔👇
📈 Current Price: $0.7183
⏰ Timeframes Analyzed: 1H & 4H
📊 Trend Outlook: Strong Bullish Breakout with Continuation Signals
📌 Chart Analysis:📊
✅ On 1H, $LAYER printed a clean series of green candles after the MA/EMA bullish crossover. The price is riding the 20EMA support with strength.
✅ On 4H, the breakout above both MA50 and EMA20 near $0.666 was key. The price exploded past resistance, pushing toward the $0.72–0.75 zone.
📉 RSI is at 79.00 (1H) and 70.49 (4H) – bullish strength but entering overbought territory.
📊 MACD Histogram on both timeframes shows increasing green bars, with a wide bullish crossover gap.
🎯 Trade Setup (Bullish Momentum Play):
🔹 Entry (on pullback): $0.7050 – $0.7120
🎯 Target 1: $0.7350
🎯 Target 2: $0.7580
🛑 Stop-loss: $0.6800 (below previous breakout resistance)
🕒 Trade Duration: 8–24 hours (Short-term Momentum)
📌 Why Bullish?🤔💥
Clean breakout above 4H MA/EMA zones
RSI and MACD support trend continuation
Volume confirmation visible in candle size
No major resistance till $0.758 (next marked level)
⚠️ Caution: RSI approaching overbought. A short pullback may offer better entry. Avoid FOMO buying.
🧠 “Smart entries come after smart breakouts. Let the market breathe before you act.”
🔐 This is not financial advice. Do your own research (DYOR) before investing.
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