$LAYER /USDT

Current Price: $5.548 (-3.14%, slight downtrend)

24h High/Low: $6.053 / $5.379

Moving Averages (MA):

MA(7): $5.604 (yellow, short-term trend)

MA(25): $5.630 (pink, mid-term trend)

MA(99): $5.640 (purple, long-term trend)

Trading Strategy

1. Entry Points:

Breakout Buy: If price breaks above $5.640 (above MA(99)), expect momentum toward $5.80 - $6.00.

Pullback Buy: If price drops to $5.40 - $5.45 (previous support) and shows bullish reversal candles.

2. Exit Points:

Short-Term Target: $5.80 - $6.00 (resistance zone).

Long-Term Target: If breakout is strong, $6.35 - $6.50 (previous high).

Stop Loss: Below $5.38 (recent low support).

3. Confirmation Signals:

✅ Bullish: If price stabilizes above $5.65, with MA(7) crossing MA(25).

❌ Bearish: If price rejects $5.60 - $5.63 and starts dropping.

Risk Management:

Volume Check: Avoid weak breakouts with low volume.

Use Stop Loss: To limit downside risk.

Avoid Chasing: If price already moves close to $6.00 without entry, wait for a retracement.#Berachain #BERAcrypto #BERAAnalysis #LAYEROnBinance #bera