$LAYER Back on the Rise After Sharp Drop!!!
Is $1 the next stop or just a fakeout???
$LAYER fell from 0.9500 to 0.8585, then bounced to 0.9008.
Market is trying to reclaim strength, but $1 is still a major resistance.
Trade Setup:
Entry Zone: 0.8920 – 0.9080
Resistance: 1.0000
Support: 0.8650
Targets:
Target 1: 0.9450
Target 2: 0.9800
Target 3: 1.0200
Stop Loss: 0.8580
Suggestion:
Buy between 0.8920–0.9080 only if volume holds above 0.9000.
LAYER
0.1786
-7.70%
