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$LAYER /USDT – Will the Bulls Take Control? Key Levels & Trade Setup! 🚀
LAYER
0.6157
📊 Technical Analysis & Market Outlook
🔹 Strong Support: $0.5970 (If broken, expect further downside)
🔺 Key Resistance: $0.6400 – $0.6670 (Breakout = Bullish move)
📉 EMA 50: Trending down, indicating bearish pressure
📊 RSI: 38 (Near oversold) – Potential rebound signal
📈 MACD: Negative but approaching a bullish crossover
🔥 Trade Setup – Buy Zone & Targets
📌 Entry Zone: $0.6000 – $0.6130
🛑 Stop Loss: $0.5850
🎯 Target Levels:
✅ $0.6300 – First resistance level
✅ $0.6520 – Near 50 EMA resistance
✅ $0.6800 – Breakout level for a stronger rally
🚀 Momentum & Market Sentiment
📉 Downtrend but RSI signals a possible bounce
📊 Holding $0.5970 support = Potential bullish breakout
🚀 A move above $0.6400 could ignite a strong uptrend!
#LAYERUSDT