$LAYER
/USDT – Technical Analysis & Trade Signal
Trend Overview:
The price is currently at 1.0648 USDT, showing strong bullish momentum (+11.70% 24h gain). The price has bounced well above the 24h low (0.9516) and is approaching the recent high (1.0767), indicating buying pressure.
Technical Indicators:
RSI (Relative Strength Index): Likely nearing overbought (>70), but not exhausted—supports continuation.
MACD: Likely bullish crossover, suggesting upside momentum.
Support Zone: 1.0175 – 0.9508
Resistance Zone: 1.0767 – 1.0843
Trade Signal: Buy on breakout above 1.0700
(Or enter on minor dip near 1.0500 with stop-loss below 0.9500)
🎯 Target Levels:
T1: 1.0850 – Minor resistance
T2: 1.1200 – Short-term extension
T3: 1.1500 – Psychological & historical zone
Momentum: Bullish – Strengthening volume, clean higher highs/lows
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