$LAYER /USDT – Bullish Breakout or Fakeout? 🚀
Current Price: $0.8369 (+4.12%)
LAYER has surged past $0.8500, hitting a high of $0.8763, but is now pulling back slightly. Bulls need to reclaim $0.8500+ for continuation, while bears are looking to push it back toward support levels.
📈 Long Setup – Bullish Breakout
Entry Zone: $0.8300 - $0.8500
Targets:
T1: $0.8800
T2: $0.9100
T3: $0.9500
Stop Loss: $0.8000
📉 Short Setup – Potential Reversal
Entry Zone: $0.8500 - $0.8700
Targets:
T1: $0.8100
T2: $0.7800
Stop Loss: $0.8900
Market Insights & Pro Tips
🚀 Bullish Case: A break and hold above $0.8500 could send LAYER toward $0.9500+.
⚠️ Bearish Case: If $0.8200 fails, a dip to $0.7800 is likely.
📊 RSI & Volume: Volume is strong, but RSI is nearing overbought levels—watch for either a breakout or pullback.
🔥 Key Prediction: If LAYER holds above $0.8500, expect a run toward $0.9500. However, failure to hold this level could result in a retracement to $0.7800 before another attempt.
Trend Analysis: Bullish with Caution ⚡
Bulls must hold $0.8500+ for a breakout.
A break below $0.8200 could lead to further downside.
