$LAYER just posted a strong breakout with a massive +19% intraday move, hitting a high of 0.2155 before pulling back to 0.1937. This spike followed a prolonged consolidation, showing strong momentum on the DeFi gainer radar.

After the wick rejection near 0.215, bulls are attempting to hold the 0.1930 support zone. If this level holds, another leg upward could be in play as volume remains elevated and structure stays bullish on lower timeframes.

Watch for a potential bounce from current levels to retest highs if the price stays above 0.1930.

Trade Setup (Long)

Entry Range: 0.1930 – 0.1945

Target 1: 0.2020

Target 2: 0.2100

Target 3: 0.2137

Stop Loss: 0.1836

Monitor price action closely—break of 0.1930 support may trigger deeper pullback.

LAYER
LAYERUSDT
0.1765
-7.68%