$LAYER

USDT BULLISH REVERSAL EXPECTED FROM STRONG SUPPORT ZONE

$LAYERUSDT is showing signs of a potential bullish reversal after testing a key support level near 0.6310 - 0.6306, where buying interest may trigger an upward move. The current price is 0.6398, indicating consolidation before a breakout.

🔑 Key Levels:

Support: 0.6310 – 0.6306 (strong demand zone)

Resistance: 0.6960 – 0.6962 (target zone)

Current Price: 0.6398

🎯 Trade Setup (Long Entry):

Entry Zone: 0.6320 – 0.6390

Targets: TP1: 0.6600, TP2: 0.6960

Stop Loss: Below 0.6300

📊 Market Outlook:

Price is trending downward but forming a potential double bottom pattern near the support zone. A confirmed bounce here may initiate a bullish move towards the resistance area, with momentum strengthening upon crossing 0.6600.

⚠️ Risk Management:

Trade with a maximum 1-2% risk per position, and avoid entries if candle closes below 0.6300 to protect capital.

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