🚀 $LAYER /USDT Breakout Rally – Retrace or Reload?
LAYER/USDT surged by over 12%, hitting a local high of $0.75 before pulling back to $0.7206. This sharp bullish breakout followed a strong consolidation phase, showing growing momentum and volume strength. However, the current wick suggests possible short-term profit-taking. If the price holds above $0.705 support, bulls may retest $0.75 and aim for new highs. A break below $0.705 could delay the next leg up.
📈 LONG TRADE SETUP:
Entry: $0.710 – $0.720
TP1: $0.740
TP2: $0.765
TP3: $0.790
Stop Loss: $0.695
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