#Layer

Based on current technical analysis, Solayer (LAYER) is exhibiting bearish momentum. The price is trading below the 7-day and 25-day moving averages, indicating downward pressure.

Additionally, the MACD histogram is in negative territory, and the MACD line is below the signal line, suggesting continued bearish momentum.

However, there are potential signs of a short-term reversal. If the price closes above the 7-day moving average at $1.3712, a short-term bounce is possible. Increasing buy volume could support an upward move.

For a long trade setup, consider monitoring the price action around the $1.3712 level. A confirmed close above this level,

accompanied by increasing volume, may indicate a potential upward move. However, be cautious of resistance levels at $1.4354 and $1.5121.