#Layer is currently trading at 1.18 with slowly gaining momentum.
Here's a quick summary and analysis of the $LAYER /USDT trading info you provided:
Price Overview:
Change: -11.02% (significant drop)
24h High / Low: $1.5264 / $1.1287
RSI(6): 33.15 → Oversold territory, suggesting possible reversal or stabilization.
Trading Volume (24h):
$LAYER Volume: 97.53M
USDT Volume: 125.76M
This indicates active trading and liquidity.
Support & Resistance (Based on Depth):
Strong Resistance: Around $1.43
Support Zones: $1.13, $1.09
Parabolic SAR: 1.3273 → Current price is below SAR, which suggests a downtrend.
It is best time to buy it as it will not dip further low.