$LAYER /USDT – Bullish Breakout Setup in Play
$LAYER is currently trading at $0.6112 (+1.56%), maintaining steady upward momentum. Buyers successfully defended the $0.6005 support zone, and price action is now pressing against local highs—indicating potential continuation to the upside.
🔹 Key Technical Levels
Support: $0.6005 – $0.6050
Breakout Zone: $0.6110 – $0.6136
Resistance: $0.6136 / $0.6180
🔹 Trade Plan
Entry: $0.6100 – $0.6120 (on breakout retest)
Targets:
1️⃣ $0.6136
2️⃣ $0.6180
3️⃣ $0.6250 (if momentum extends)
Stop Loss: $0.6000 (below key support)
Market Outlook
The 30M chart structure shows a sequence of higher lows, reflecting strong bullish sentiment. A decisive close above $0.6136 with volume could act as a trigger for the next leg higher, while a breakdown below $0.6000 would invalidate the setup.
Trading Note: Patience and confirmation are critical—scaling positions only after a breakout validation helps control risk. Partial profit booking at each target is advisable in volatile breakout scenarios.
