🚀 $LAYER /USDC Bullish Breakout Setup 🚀

$LAYER dropped to 0.5823 after rejecting 0.6174, and is now consolidating around 0.5846. This zone marks a crucial support, and if buyers defend it, the pair could stage a rebound and retest higher levels.

📊 Key Levels:

Support: 0.5820 / 0.5750

Resistance: 0.6000 / 0.6170

🎯 Trade Setup:

Entry Zone: 0.5830 – 0.5870 (support accumulation)

Target 1: 0.6000

Target 2: 0.6170 (recent high)

Target 3: 0.6350 (extension if breakout continues)

Stop Loss: Below 0.5750

📈 Market Sentiment:

The current pullback is testing a strong support area. Holding above 0.5820 keeps the bullish case alive. A breakout over 0.6000 would confirm renewed momentum and open the path to retest 0.6170 and beyond.

⚡ Pro Tip: Enter near support for the best risk-to-reward. Take partial profits at each resistance level and trail stop-loss higher to protect gains.

#BuiltonSolayer @Solayer

$LAYER

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