$LAYER is stabilizing after the strong breakout from the 0.1632 base and I am watching this closely because buyers stepped in aggressively during the impulse move. Price pushed up toward the 0.2155 high and is now cooling off in a controlled manner which shows strength rather than weakness.
The 1h candles are forming a tight consolidation above the prior breakout zone and selling pressure has clearly slowed. This behavior usually signals continuation after a brief pause.
Here is my full setup from this chart.
Entry Point
0.192 – 0.185
Target Point
TP1: 0.198
TP2: 0.205
TP3: 0.215
Stop Loss
0.178
It is possible because pullbacks near the 0.185 area are getting absorbed quickly and buyers are defending the structure with confidence. If $LAYER stays above this support zone the move toward 0.198 becomes the natural first step before momentum attempts another push toward the highs.
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LAYER
0.1023
-6.06%