🚀 Bullish Breakout Signal: $LAYER /USDT 🚀
Current Price: 0.5781 (+4.58% in 24h)
24h Range: 0.5323 – 0.5893
24h Volume: 1.10M LAYER traded
🔑 Key Levels
Immediate Support: 0.5720 – 0.5750
Breakout Resistance: 0.5890 (recent top)
Major Base Support: 0.5420
📈 Trade Setup
Entry Zone: 0.5730 – 0.5790 (accumulate near support)
Stop Loss: 0.5620 (below short-term floor)
Targets:
🎯 Target 1: 0.5890
🎯 Target 2: 0.6010
🎯 Extended Target: 0.6150
Risk-to-Reward Ratio: approx. 1:2
🌐 Market Sentiment
$LAYER /USDT rallied from 0.5420 lows to test 0.5893, before easing into consolidation around 0.5781. The retracement appears healthy, with buyers holding key support above 0.5720.
Momentum favors the bulls. A strong break above 0.5890 could open the door toward 0.6010 and potentially 0.6150, provided volume stays steady. Dips toward the 0.5730 zone are likely to attract renewed buying interest.
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