$LAYER – Retracement from support! 🚀
It is currently trading at $0.6817 (+0.87%) after bouncing from the level of $0.6615.
The recent pullback seems to have found short-term support, with early bullish candles appearing on the 30-minute chart.
If the momentum continues, this setup could lead to a breakout above $0.7000 towards recent highs.
Support: $0.6615
Resistance: $0.7086
Trading setup:
• Entry area: $0.6780 – $0.6850
• 🎯 TP1: $0.7050
• 🎯 TP2: $0.7210
• 🎯 TP3: $0.7390
• Stop loss: $0.6580
Pro tip: A strong close for 30 minutes above $0.6900 with an increase in volume will confirm the continuation of the bullish trend.
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