$LAYER A short-term upward trend seems to be forming. We have seen an increase in prices over the past few hours.

Current support level: The price seems to be finding support around the 3.1480 area.

Nearby resistance level: There is a potential resistance level around the 3.1699 area (as indicated in the chart). Breaking this level may push the price upward.

.

Trading volume (Vol): 1,192,107.8999: There is a noticeable increase in trading volume with the recent rise, supporting the strength of the upward movement.

Potential targets:

Based on this analysis, potential targets can be defined as follows:

First target (short-term): If the resistance level 3.1699 is broken firmly with good trading volume, the price could target the 3.1850 - 3.2000 area as the next potential resistance level.

Second target (if momentum continues): If the upward momentum persists and surpasses the aforementioned area, the price may target higher levels around 3.2200 - 3.2500 (historical resistance levels should be monitored to determine these targets more accurately).

Other potential scenarios:

Break failure: If the price fails to break the resistance level 3.1699, it may return to test the current support level around 3.1480.