[LAYER/USDT] โ Dual Setup Alert!
Timeframe: โฐ 1H
Current Price: ๐ฐ 1.1732
Market Sentiment: Neutral โ Setting up for a breakout
Status: Trade ideas forming on both sides โ Watch closely!
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Technical Snapshot:
LAYER recently faced heavy rejection at a key supply zone around 1.26โ1.29 (highlighted in blue). Price action has started to show lower highs and bearish RSI divergence, hinting at possible downside. However, the strong upward structure, BOS, and FVGs suggest bulls arenโt out of the game yet!
Volume is tapering off โ weโre entering a decision zone.
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๐ป Bearish Trade Setup (Short Idea)
Bias: Weakness under resistance โ short-term correction likely
Entry Zone: ๐ผ 1.1750โ1.1850 (look for rejection candles or weak retest)
Stop Loss: โ 1.2150 (above rejection zone)
Targets:
โ TP1: 1.1200 (demand block)
โ TP2: 1.0500 (gap fill zone)
โ TP3: 0.9800 (OB & high-volume node)
Confirmation: Bearish engulfing / failure to reclaim $1.20
Invalidation: Strong breakout above $1.22 with volume
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๐ผ Bullish Trade Setup (Long Idea)
Bias: Bullish continuation if price holds support & RSI rebounds
Entry Zone: ๐ข 1.1500โ1.1650 (support & retest zone)
Stop Loss: โ 1.1200 (below demand & OB)
Targets:
โ TP1: 1.2100 (recent high)
โ TP2: 1.2750 (top of supply zone)
โ TP3: 1.3300 (potential breakout extension)
Confirmation: RSI bounce + bullish candle formation near 1.15
Invalidation: Clean break below 1.12 with momentum
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๐ก Risk Management Tips:
Use 1:2+ RR on all setups
Move SL to breakeven after TP1 hits
Donโt chase โ wait for confirmation candles!
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Final Thoughts:
Weโre in a high-probability setup zone, and the next move could define the trend for the coming sessions. Watch price behavior at 1.15โ1.18 โ itโs the key battlefield.
Stay sharp, stay disciplined!
