$LAYER spiked to $1.0315 but faced rejection!!!!
Is $LAYER showing strength or a fakeout trap??? Will $LAYER surge $2 or not???
#layer spiked to $1.0315 but faced rejection — momentum fading short-term.
Trade Setup:
Current Price: $1.0266
Support Level: $0.9950
Resistance Level: $1.0400
Targets:
Target 1: $1.0350
Target 2: $1.0600
Target 3: $1.0900
Stop Loss: $0.9850
Suggestion:
Avoid chasing here. Better to re-enter near $1.0000 support or wait for breakout above $1.0400 with strong volume.