$LAYER /USDC is trading around 0.0625 USDC, holding above short-term support after a healthy recovery from recent lows. The price is pushing toward the 0.0630-0.0642 resistance zone. A successful breakout above this area could open the door for another bullish move, while buyers continue defending higher lows.
Trade Idea
Entry Point: 0.0622 – 0.0626 USDC
Target 1: 0.0635 USDC
Target 2: 0.0642 USDC
Target 3: 0.0655 USDC
Stop Loss: 0.0608 USDC
The overall short-term structure remains bullish as long as the price stays above the stop-loss level. Wait for confirmation with strong buying volume before entering, manage your risk properly, and avoid overleveraging.
Let's go Trade now.
Trade Idea
Entry Point: 0.0622 – 0.0626 USDC
Target 1: 0.0635 USDC
Target 2: 0.0642 USDC
Target 3: 0.0655 USDC
Stop Loss: 0.0608 USDC
The overall short-term structure remains bullish as long as the price stays above the stop-loss level. Wait for confirmation with strong buying volume before entering, manage your risk properly, and avoid overleveraging.
Let's go Trade now.