$LAYER /USDT TRYING TO STABILIZE AFTER SHARP DOWNTREND
$LAYER is currently trading at $0.7518, with a minor intraday gain of +0.43%. After hitting a local bottom at $0.7049, the token has been attempting to form a base but remains under pressure from its previous downtrend.
📊 Market Snapshot
Current Price: $0.7518 (+0.43%)
24H High/Low: $0.7645 / $0.7387
24H Volume: 1.97M LAYER
Trend: Consolidation after heavy decline
📈 Trade Setup (Base Formation Watch)
Entry Zone: $0.7420 – $0.7550
TP1: $0.7800
TP2: $0.8040
TP3: $0.8300
Stop Loss: $0.7300
While $LAYER has managed a slight bounce, it needs to break above $0.768 to trigger bullish momentum. Until then, it remains a cautious play with potential for a recovery rally.