$LAYER /USDT – Pullback Zone with High Volume, Eyes on Rebound!
Momentum Analysis:
$LAYER is down -8.55%, now at $1.1905 after a rejection near the 24h high of $1.3561. The price touched a 24h low of $1.1287, showing signs of volatility amid high liquidity. 24h volume surged to 83.69M LAYER / $101.94M USDT, indicating strong market interest despite the dip.
Long Setup:
Entry Zone: $1.13 – $1.19
Targets:
T1: $1.35
T2: $1.52
T3: $2.02
Stop Loss: $1.01
Breakout Confirmation Level: $1.35
Key Support: $1.13
Pro Tip for Traders:
Watch the $1.13 zone closely—if it holds and volume picks up, this could mark a springboard for a bounce. Avoid chasing until confirmation above $1.35 with sustained buying pressure.
Trading Data Snapshot:
Price: $1.1905 (-8.55%)
24h High/Low: $1.3561 / $1.1287
24h Volume: 83.69M LAYER / $101.94M USDT
Order Book Depth Highlights:
$3.5454 | $3.4303 | $3.0390 | $2.5327 | $2.0263 | $1.5200 | $1.1905 | $1.1287 | $1.0136
Timestamp: 2025-05-06 17:00
