a short technical analysis and trade signal for $LAYER 🔥💯

/USDT, based on the data you provided:

Technical Analysis ($LAYER /USDT)

Current Price: 1.0833 USDT

24h High: 1.1226 | 24h Low: 0.9625

Volume: Strong (35.84M LAYER / 37.74M USDT)

Change: +11.99% (bullish momentum)

Market Momentum:

Price has rebounded strongly from the low of 0.9625 to 1.0833

Breaking through 1.10 could confirm continued bullish momentum

RSI and MACD likely favor buying (based on strong price move and volume)

Trade Signal: BUY

Entry Zone: 1.0700 – 1.0900 USDT

Stop-Loss: Below 1.0150 USDT (recent support zone)

Target Levels:

🎯 Target 1: 1.1225 (near 24h high)

🎯 Target 2: 1.1500 (resistance zone)

🎯 Target 3: 1.2000 (psychological and fib extension)

Trade Momentum:

Bullish – Supported by strong volume and price breakout. Good for short-term scalping and medium-term swing trades.

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