$LAYER Preparing for a Bullish Breakout?

After a sharp 24H dip of -23.98%, $LAYER is now consolidating around $1.33, showing signs of stabilization and potential reversal. Despite recent bloodshed in price action, the chart reveals a tight range forming near a key support zone after bouncing off the $1.2655 low — a classic setup before a bullish surge.

Momentum is quietly building. Bollinger Bands are squeezing, signaling a volatility expansion could be imminent. The current price is hugging the mid-band (MB: $1.3165), hinting at bullish intent.

Entry Range: $1.30 – $1.35

(Accumulation zone)

Short-Term Targets: $1.50 → $1.63 → $1.78

Medium-Term Target: $1.94+

Stop Loss: Below $1.25 (tight risk control)

Sentiment: Neutral turning Bullish

$LAYER buy and trade here