$LAYER /USDT: Climbing with Confidence! Targets Set at $1.35, $1.50 & $1.65 ๐ฏ๐๐ฅโ
$LAYER is showing solid momentum in the DeFi space โ currently trading at $1.27, up +11.05% over the past 24 hours. With a 24h high of $1.37 and a low of $1.1481, this token is gaining traction fast.
๐ Key Technical Insights:
Support Zone: $1.1913 (SAR level) โ a potential area for bounce if the price pulls back.
Immediate Resistance: $1.37 โ once broken, it could unlock the next leg higher.
๐ฏ Target Levels Ahead:
$1.35 โ Slightly under the 24h high, this is a short-term target on momentum.
$1.50 โ Mid-range resistance, strong breakout level with potential volume surge.
$1.65 โ Extended target if the bullish trend holds and volume sustains.
๐ Trading Data Snapshot:
24h Volume (LAYER): 57.74M
24h Volume (USDT): 70.81M
SAR: 1.1913 โ bullish signal as price remains above.
๐ง Depth & Momentum:
Buy-Side Depth: 7.27% โ moderate, but showing steady accumulation.
Trend Strength: Holding above key SAR level supports further upside moves.
LAYER/USDT looks primed for a breakout as long as it holds above $1.20. A strong close above $1.37 could lead us to $1.50 and beyond. DeFi traders โ keep your eyes on this one!
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