Current Price: $3.2499 (+12.98%) 24h High / Low: $3.3150 / $2.8410 Volume: 14.29M LAYER | 43.79M USDT MA Levels: MA(7): 3.2636 | MA(25): 3.1618 | MA(99): 3.0069
Technical Analysis: LAYER just hit a strong resistance at $3.31 and is now pulling back slightly below MA(7). Price is extended after a 12% move, and volume is showing signs of exhaustion. MA(5) is flattening while the price fails to hold breakout.
My Personal View (Crypto Master): This setup looks like a short-term overbought condition. If price fails to reclaim $3.26, we could see a retracement to the $3.08 or even $2.99 area. A clean rejection from resistance makes it a good spot for scalping a short.
