$LAYER /USDT, currently trading at $0.8820 (-7.09%) as of May 28, 2025.

๐Ÿช™ LAYER/USDT Overview

Current Price: $0.8820

24h Range: $0.8585 โ€“ $0.9903

24h Vol (LAYER): 9.12M

24h Vol (USDT): $8.48M

Market Type: DeFi

Trend: Short-term bearish pullback after testing $0.99 resistance

๐Ÿ“Š Key Price Levels

Level TypePriceNotes24h High$0.9903Major resistance, prior rejectionResistance Zone$0.9167โ€“0.9587Sellers stacked above $0.91Current Price$0.8820Testing weak mid-supportSupport 1$0.858524h low, critical base supportSupport 2$0.8537Final support before breakdownMA(5)108,836Low intraday short-term averageMA(10)334,803Showing declining interest

๐Ÿ“‰ Volume & Momentum Notes

Volume is thinning compared to 10-period average โ†’ weak continuation

Down 7.09% suggests the bounce buyers are exhausted at higher levels

MA divergence = bearish bias in the short term

๐Ÿงญ Trade Scenarios

โœ… Scenario A: Reversal Bounce from Support

Entry Zone: $0.8585 โ€“ $0.8650

Stop Loss: $0.8490

Target 1: $0.895

Target 2: $0.916

Rationale: Playing the 24h low support bounce

Confirmation: Bullish engulfing on 15m / RSI divergence

๐ŸŸจ Scenario B: Breakout Buy (High Risk)

Entry: $0.9600 (after 15m close above)

Stop Loss: $0.9300

Target: $0.990 โ€“ $1.02

Trigger: Strong reclaim with volume spike >2x MA(10)

๐ŸŸฅ Scenario C: Breakdown Short

Entry: Below $0.8537 (confirmed break)

Stop Loss: $0.865

Target: $0.82 โ€“ $0.79

Condition: High volume red candle under $0.85

Note: Low liquidity could accelerate drop quickly

๐Ÿง  Summary

Bias: Bearish-short term, potential for a dead cat bounce

Best Trade Now: Wait for $0.8585 test โ†’ scalp long if it holds

Avoid buying breakouts blindly unless reclaim above $0.92 with volume

Would you like this added to a watchlist with bounce zone alerts and breakout triggers?

#SaylorBTCPurchase #BinancelaunchpoolHuma #Bitcoin2025 #Write2Earn #layer