$LAYER 🚀 BULLISH MOMENTUM 🔥

Token Overview

Current Price: ~$0.65 USDT (varying across platforms ~$0.63–$0.67)

24h Volume: ~$3–10 million

Volatility: High — noted sensitivity across exchanges, and previously traded as high as $3.43 ATH

Sentiment: Mid-cap altcoin with substantial short-term price swings.

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Fibonacci Retracement Setup (Estimated)

Assuming:

Swing Low: $0.45

Swing High: $0.75

Level Price (USDT)

23.6% ~$0.70

38.2% ~$0.65 (current)

50.0% ~$0.60

61.8% ~$0.55

78.6% ~$0.50

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Trading Strategy Framework

1. Pullback Buy (Conservative Entry)

Entry Zone: Around $0.60–$0.65 (50–38.2% retracement)

Why: Price is likely to resume upward momentum from these natural support zones.

Targets:

T1: $0.70 – $0.72 (23.6% retracement)

T2: $0.75 (recent swing high)

T3: $0.82 (Fibonacci extension ~1.272)

Stop-Loss: Below $0.55 (61.8% level) or use a buffer around 2‑3% below entry.

Summary Table

Strategy Type Entry Zone Targets Stop-Loss

Pullback Long $0.60–$0.65 $0.70 → $0.75 → $0.82 < $0.55

Breakout Long > $0.75 $0.82 → $0.90 < $0.70

Rejection Short $0.74–$0.75 $0.65 > $0.76

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