$LAYER is maintaining an upward trend after a strong breakout, the current adjustment opens up opportunities to enter trades according to the trend
On the 1H timeframe, the price broke out of the support level at 0.16 with a strong bullish candle, the higher high – higher low structure is being maintained, EMA(7) is above EMA(25/99); the adjustment around 0.19–0.195 is a healthy pullback.
LONG 0.188 – 0.195
TP1 0.216, TP2 0.235, TP3 0.260
🛑 Stop Loss 0.178
Prioritize long positions according to the dominant upward trend, maintain the position if the price continues to hold above EMA25 and does not break the 0.18 area.
LAYER trading on Binance👇
LAYERUSDT
Perp
0.1897
+13.11%
