$LAYER /USDT Market Analysis and Trade Setup
Trend:
Bullish (Strong uptrend with price making higher highs)
Current Price:
1.1321
Entry Point:
Long Entry: 1.1200 - 1.1300 (On minor pullback)
Short Entry: Not recommended unless clear reversal signals appear
Target:
Long Target: 1.1650 - 1.1800 (If uptrend continues)
Take Profit:
Long TP: 1.1650 - 1.1800
Stop Loss:
Long SL: 1.0950
Conclusion:
LAYER/USDT is in a strong bullish trend, breaking above key moving averages. Buying on dips near support can be a good strategy. If the price holds above 1.1000, further upside is likely.
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