$LAYER /USDT 4H Technical Analysis & Spot Trading Signal

1️⃣ Market Structure Analysis

Current Price: $0.6491
Recent Low: $0.6334
Recent High: $0.6586
Trend: Bearish, but showing early signs of recovery.


2️⃣ RSI (Relative Strength Index) Analysis

Current RSI: 51.03 (Neutral, trending upward)
Previous RSI: Below 30 (Oversold), now crossing 50 (potential bullish momentum).
RSI Trend: Bullish Divergence Confirmed!

The RSI is making higher lows, while price was making lower lows → Bullish reversal potential.

📌 Conclusion:

RSI crossing above 50 is a bullish signal; more upside possible.
Confirmation needed with increased buying volume above $0.660.


3️⃣ Key Levels to Watch

🔹 Support:

$0.630 - $0.640 (Strong support zone, previous bounce)
$0.600 (Psychological level, strong stop-loss level)

🔹 Resistance:

$0.680 - $0.700 (EMA 50 & Bollinger Band Midline)
$0.750 - $0.800 (Major resistance, potential breakout zone)


4️⃣ Spot Trading Signal - Entry, SL, and TP Targets

📌 Entry Points:

Aggressive Buy: $0.645 - $0.655 (Current level, early entry)
Safe Buy Confirmation: Above $0.660 (Breakout of local resistance)

📌 Stop-Loss Placement:

Tight SL: $0.630 (Below recent support)
Safer SL: $0.600 (Below major support, avoids stop hunts)

📌 Take-Profit Targets:

TP1: $0.680 (EMA 50 resistance)
TP2: $0.720 (EMA 200, mid-term target)
TP3: $0.800 (Major resistance, long-term bullish case)


5️⃣ Trading Strategy Suggestions

✅ If price holds above $0.640 and RSI stays above 50, expect a push toward $0.680.

✅ Move Stop-Loss to breakeven after hitting $0.680 to protect capital.

✅ If price drops below $0.630, expect more downside; exit early.