š $LAYER /USDT ā Bulls Setting Up for Breakout š
$LAYER is holding above its recent low of $0.5428, while buyers continue to defend the $0.553ā$0.555 zone. A push beyond $0.565 could open the gates for a bullish continuation toward higher levels.
š Key Levels
Support: $0.553 ā $0.555 (critical demand zone)
Resistance: $0.565 ā $0.580 (breakout barrier)
š Trade Setup
Entry Range: $0.555 ā $0.558
Stop Loss: $0.548 (below support)
Targets:
šÆ Target 1: $0.565
šÆ Target 2: $0.573
šÆ Target 3: $0.580+ (momentum breakout)
š Market Sentiment
Volume shows steady accumulation, with bulls repeatedly absorbing dips. If price breaks and sustains above $0.565, momentum traders may step in, driving LAYER toward $0.580. Sentiment leans cautiously bullish, awaiting confirmation.
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