LAYER/USDT SMC Signal โ Market Prediction & Analysis
๐น Current Price: $0.6457 (-7.16%)
๐น 24H High: $0.7000 | 24H Low: $0.5971
๐น Timeframe: 15m
Technical & Candlestick Analysis
Recent Breakout: Price surged from $0.6063 to $0.6500, indicating strong bullish momentum.
Moving Averages: The yellow MA line is sloping upwards, supporting an uptrend continuation.
Resistance Zone: $0.6500 - $0.6525 (breakout needed for further upside).
Support Zone: $0.6229 - $0.6134 (if rejection occurs).
RSI & Momentum Analysis
RSI(6): 81.91 (Overbought โ Possible Correction)
RSI(14): 70.75 (Nearing Overbought Zone)
RSI(24): 61.50 (Still in Neutral-Bullish Territory)
MACD: Bullish crossover with a positive histogram โ momentum favors further upside.
Smart Money Concept (SMC) Signal
๐ข LAYER/USDT โ Long Entry Setup
โ Entry Zone: $0.6400 - $0.6450
๐ฏ Target 1: $0.6700
๐ฏ Target 2: $0.6900
๐ Stop Loss: $0.6220
Prediction & Market Outlook
The strong bullish momentum and technical indicators suggest that LAYER/USDT has the potential to continue its upward trend, provided it holds above the $0.6400 support level. A breakout above $0.6500 could lead to a push towards $0.6700 and beyond. However, if rejection occurs, a retracement to $0.6220 is possible before another move higher.
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