$LAYER /USDT BULLISH TECHNICAL ANALYSIS
LAYER/USDT is showing strong upward momentum on the 15m timeframe as the price continues to trade above MA(7), MA(25), and MA(99), confirming a solid bullish structure. The recent surge in volume supports the ongoing breakout, while higher lows indicate steady buyer interest. The chart shows a clean move above the resistance zone, suggesting continuation potential if current support levels hold.
Pullbacks toward the short-term moving averages are being bought quickly, showing strong demand. As long as price remains above the rising MA(7), the bullish trend remains intact for further upside.
Long Entry:
Upon retest of breakout zone
Targets (TP):
TP1: 0.2600
TP2: 0.2680
TP3: 0.2760
Stop Loss (SL):
Below support at 0.2400
Risk Management:
Use controlled position size, follow SL strictly, avoid over-leveraging, and secure partial profits on targets.
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