Get started

Layerusd

#LAYERUSDT setup remains active 📉 LONG MEXC:LAYERUSDT.P from $1.5722 🛡 Stop loss: $1.5440 🕒 Timeframe: 1H ✅ Market Overview: ➡️ The coin is showing "its own game" — price action is independent of #BTC and #ETH, reacting to internal volume dynamics. ➡️ Ascending triangle breakout with a confirmed close above the key $1.5440 zone. ➡️ Empty space ahead — no major resistance levels until $1.6060–$1.6210. ➡️ Accumulation is forming between $1.5440–$1.5700 — a breakout may follow. ➡️ Important: candles must close above $1.5440 to confirm the long scenario. 🎯 TP Targets: 💎 TP1: $1.5880 💎 TP2: $1.6060 💎 TP3: $1.6210 (full measured move from triangle pattern) 📢 Recommendations: If volume MEXC:LAYERUSDT.P increases during a breakout above $1.5722 — expect a rapid move. If price pulls back — the $1.5254 area could offer a second entry opportunity. The coin looks strong but slightly overbought — partial take profit at TP1 is advised. 📢 A strong breakout above $1.5700 may lead to a sharp move due to lack of resistance. 📢 Avoid 1H candle close below $1.5440 — scenario invalidation. 📢 If the move occurs on weak volume — watch for a potential reversal near TP1. 🚀 MEXC:LAYERUSDT.P setup remains active — holding the key level could lead to a move toward TP2–TP3!
Long
by MoriartyTrading