$LAYER STRONG RALLY – EYEING THE NEXT LEG UP?
$LAYER is surging at $3.2504, up +11.94% in the last 24 hours. After a sharp bounce from $2.8410 to a peak of $3.2592, the price is consolidating just under resistance. Momentum and volume remain solid, indicating potential continuation.
Key Technical Levels to Watch:
• Resistance Zone: $3.26 – $3.30
A breakout above this could accelerate the rally toward $3.40 and $3.58.
• Support Zone: $3.20 – $3.15
Holding this level is key—failure here could send price back to $3.05.
Trade Setup – Bullish Continuation or Cool-Off?
Bullish Scenario:
If price breaks and closes above $3.26, watch for:
• TP1: $3.40
• TP2: $3.58
Bearish Scenario:
If $3.20 support is lost, downside targets include:
• TP1: $3.05
• TP2: $2.95
Stop-Loss Ideas:
• Longs: Below $3.15
• Shorts: Above $3.30
Keep a close eye on a high-volume push through resistance—it could be the trigger for the next explosive move.