$LAYER rCurrent technical backdrop
• Price is in neutral consolidation near key Fib levels; needs a break above ~$0.185 for bullish conviction. Failure could see retest of lower support around $0.1576. 
Key levels
• Support: ~$0.157–0.169 range
• Resistance: ~$0.185–0.20 range
• Bullish breakout zone: Above $0.20 
Strategy
If entering long now, stop‑loss just below strong support at $0.155–$0.150 (protects against breakdown).
Set initial profit target at the next meaningful resistance around $0.20 (~+15–20% upside from current range), with a secondary target near $0.23–$0.25 on breakout strength.
If price closes above $0.20 with volume, consider scaling into profit toward the secondary target.
If price breaks down below $0.155 early, exit quickly to preserve capital.
Always size risk so that your loss on a stop hit is only a small % of your portfolio.
