🟣 $LAYER /USDT – May 29, 2025

🏷️ Category: DeFi 🔄

💰 Price & Info

Current Price: $0.8909 (🔻 -4.24%)

24H High: $0.9355

24H Low: $0.8585

Volume: 8.43M LAYER | $7.57M USDT

📈 LAYER Price Analysis & Key Levels

🔹 Resistance: $0.9120 / $0.9355

🔹 Support: $0.8700 / $0.8350

📊 Market Insights

🔸 Fibonacci Retracement (Low $0.8585 – High $0.9355):

• 38.2% – $0.9064

• 61.8% – $0.8875

• Pivot – $0.8900

🔸 ATR (14D): ±$0.046

📉 Volatility Range: $0.845 – $0.940

🚀 Bullish Scenario

✅ Bounce from $0.8700 support with strong volume can lead to retest of $0.9120

✅ Breakout above $0.9355 could open room toward $0.9750

⚠️ Bearish Scenario

❌ Breakdown below $0.8700 may trigger further downside to $0.8350

❌ Rejection from $0.9064 Fibonacci level could confirm bearish structure

📌 Trading Strategy – Bearish-Neutral Bias

🛍️ Spot Trading

Buy Zone: $0.8600 – $0.8750

Targets: $0.9120 / $0.9350

Stop-Loss: $0.8290

📉 Futures Trading

Long Setup: Entry $0.8700 – $0.8900

Targets: $0.9120 / $0.9340

Stop-Loss: $0.8420

Short Setup: Entry $0.9100 – $0.9250

Targets: $0.8700 / $0.8500

Stop-Loss: $0.9420

🛡️ Risk Management & Alerts

Support near $0.8700 is crucial — if broken with volume, expect momentum sell-off. Use tight SL in high-volatility scalps.

💡 Unique Insight – VWAP

VWAP: $0.9012 → LAYER is currently trading below VWAP, indicating weak intraday positioning. Monitor for reclaims as early bullish signal.

📌 Summary

$LAYER faces downside pressure near local support. A bounce from $0.8700–$0.8900 zone is possible, but momentum remains weak under VWAP.

❓Closing Question: Can bulls defend the $0.8700 support and flip short-term momentum, or will LAYER dive deeper into discount zones?

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