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$LAYER Brothers, Layer has retested and confirmed—now long entries can be made,
Set a stop loss at 0.126
Short-term target 0.14-0.15
Layer, as a highly popular DeFi project on the Solana chain, has strong popularity and a solid base of users that can be well monetized,
Plus, with the recent rotation in the altcoin sector, the breakout of low market-cap tokens is especially pronounced.
Layer’s current market cap is less than 30 million—such a market cap still leaves a lot of room for a DeFi project.
I personally entered my first long at 0.138,
If it continues to pull back, I will add to my position around 0.131,
Then set a stop loss near 0.126.
It’s important to note that the altcoin market has been extremely volatile recently—at any time, always use a strict stop loss. Don’t assume it can’t go wrong; otherwise, in the end you’ll end up burning your firewood for many days in a single day!