$LAYER /USDT – Technical Signal

Current Price: $1.2867

24h Change: +10.70%

Status: Recovery Phase Detected

Market Overview:

LAYER is showing a strong recovery after hitting a low of $1.1481. The price is reclaiming key support zones and attempting a breakout above the 1.30 level. Volume is rising significantly with over $61.67M in 24h USDT volume, signaling growing interest.

Key Indicators:

MA(7): $1.2101 – Price has broken above short-term average

MA(25): $1.5338 – Next potential resistance

Resistance: $1.3050 / $1.52

Support: $1.21 / $1.15

Pro Tip:

If price holds above $1.30 with increasing volume, we may see a bullish continuation toward the $1.50-$1.60 range.

Trade Idea (Not Financial Advice):

Entry: $1.28–$1.30

Target 1: $1.52

Target 2: $1.60

Stop-Loss: $1.18

Stay alert. Momentum is building