⚠️ Market Overview: $LAYER has shown a significant drop, touching a 24H low of $0.5971, before attempting a recovery. However, the upside appears weak, facing resistance around $0.6300 - $0.6350. A rejection from this zone could lead to further downside.
📊 Key Levels to Watch:
Major Resistance: $0.6350 - $0.6400 (Critical rejection zone)
Immediate Resistance: $0.6300
Immediate Support: $0.6100
Major Support: $0.6000 - $0.5970
📉 Short Entry Strategy: 🔸 Entry Zone: $0.6250 - $0.6300 (After a slight bounce) 🔸 Stop Loss: $0.6450
🎯 Profit Targets:
TP1: $0.6100
TP2: $0.6000
TP3: $0.5900
💡 Trade Rationale: After a sharp sell-off, LAYER has made a weak attempt at a relief rally, but the momentum is fading. If the price fails to break above $0.6350, sellers will take control again, pushing the price toward the recent low of $0.5970.
📌 Risk Management: Keep a tight stop-loss at $0.6450 while aiming for key support zones. Watch for confirmation with increased selling volume. This setup offers a high-probability short trade! 🚀
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BTC high position oscillation and consolidation, the performance of old mainstream coins is eye-catching, summarized some that can be laid out for upcoming targets!
ETH (Ethereum) XRP (Ripple) DOGE (Dogecoin) MATIC (Polygon) LTC (Litecoin) BCH (Bitcoin Cash) ADA (Cardano) TRX (Tron) BNB (Binance Coin) SOL (Solana) BSV (Bitcoin SV) SUSHI (Sushi Coin) EOS (EOS) LINK (Oracle) DOT (Polkadot) OKB (OKB)
BTC high position oscillation and consolidation, the performance of old mainstream coins is eye-catching, summarized some that can be laid out for upcoming targets!
ETH (Ethereum) XRP (Ripple) DOGE (Dogecoin) MATIC (Polygon) LTC (Litecoin) BCH (Bitcoin Cash) ADA (Cardano) TRX (Tron) BNB (Binance Coin) SOL (Solana) BSV (Bitcoin SV) SUSHI (Sushi Coin) EOS (EOS) LINK (Oracle) DOT (Polkadot) OKB (OKB)
BTC high position oscillation and consolidation, the performance of old mainstream coins is eye-catching, summarized some that can be laid out for upcoming targets!
ETH (Ethereum) XRP (Ripple) DOGE (Dogecoin) MATIC (Polygon) LTC (Litecoin) BCH (Bitcoin Cash) ADA (Cardano) TRX (Tron) BNB (Binance Coin) SOL (Solana) BSV (Bitcoin SV) SUSHI (Sushi Coin) EOS (EOS) LINK (Oracle) DOT (Polkadot) OKB (OKB)
3 Winning Strategies for Stability Five Key Points of Candlestick Technical Analysis: 1. Look Ahead and Behind, Comprehensive Analysis 2. Shape Restoration, Simplifying Complexity 3. Master the Essence, Apply Flexibly 4. Game Between Both Sides, Analyze Psychology 5. Use Other Methods to Avoid Traps A good entry point is the beginning of success; always remind yourself that you must not enter until the right position is reached. Know that after entering, enduring the agony of adjustment and floating losses far outweighs sitting idly outside the market.
Do you not know how to read the current trend, whether it's rising or falling? Do you not look at support and resistance levels? You are even unaware of what level of buying and selling points is currently operating? A complete AI trading strategy: "Long and Short Entry Points and Stop Loss Levels!" Standardized formulas, processable replication, and traceable patterns!
"The Destination for Newcomers," analysts' (gospel) no longer need to draw lines, go long at support levels and go short at resistance levels!
3 Winning Strategies for Stability Five Key Points of Candlestick Technical Analysis: 1. Look Ahead and Behind, Comprehensive Analysis 2. Shape Restoration, Simplifying Complexity 3. Master the Essence, Apply Flexibly 4. Game Between Both Sides, Analyze Psychology 5. Use Other Methods to Avoid Traps A good entry point is the beginning of success; always remind yourself that you must not enter until the right position is reached. Know that after entering, enduring the agony of adjustment and floating losses far outweighs sitting idly outside the market.
Do you not know how to read the current trend, whether it's rising or falling? Do you not look at support and resistance levels? You are even unaware of what level of buying and selling points is currently operating? A complete AI trading strategy: "Long and Short Entry Points and Stop Loss Levels!" Standardized formulas, processable replication, and traceable patterns!
"The Destination for Newcomers," analysts' (gospel) no longer need to draw lines, go long at support levels and go short at resistance levels!