【$LAYER Signal】1H Lower Band Support + Negative Funding Rate Short Squeeze Potential

$LAYER 1H MACD histogram continues to expand, current price trading 0.1163 below the Bollinger lower band.
4H Bullish momentum weakens, but buy support around 0.1205 is clear, Bid/Ask depth ratio of 1.19 shows willingness to support.
Funding rate -0.0291%, once the price stabilizes, short covering pressure can be released at any time.
🎯Direction: Long (Place order)
⚡Entry/Order: 0.116 - 0.119
🛑Stop loss: 0.097
🚀Target 1: 0.133
🚀Target 2: 0.145
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: Negative funding rate combined with stable open interest, short positions not exiting but price remains resilient, often indicating a short-term squeeze.
1H RSI 49 neutral, distance from lower band to 4H EMA50 (0.0978) still sufficient, ample room for stop loss.
Risk-reward ratio above 1:3, worth a shot.
Check real-time market 👇 $LAYER
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