LAYER/USDT – Quick Technical Overview (15m Chart)
LAYER is showing signs of potential short-term recovery after a steep decline. Current price sits at $1.3328, down 24.40% in the last 24 hours. The 15m chart shows a bounce from the daily low of $1.2630, with MACD turning slightly bullish (MACD: 0.0113) and SAR dots flipping below the candles, suggesting a possible shift in trend momentum.
However, with the 7-day change at -56.76%, caution is advised. Key resistance lies near $1.3749 (SAR level), while support holds at $1.2630.
Watch for volume confirmation and MACD crossover on higher timeframes before entering.