Here’s a technical analysis summary for $LAYER /TRY
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🧩 LAYER/TRY Overview
Current Price: ₺25.21
USD Equivalent: $0.6387
24h Change: -8.69% 🔻 (significant daily drop)
Sector: DeFi
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📊 24-Hour Market Data
Metric Value
24h High: ₺27.81
24h Low: ₺24.41
24h Volume (LAYER): 802,270.65
24h Volume (TRY): ₺20.89M
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📉 Price Depth Snapshot
Resistance Zones:
₺26.24
₺26.15
₺25.85
Current Price: ₺25.21
Support Zones:
₺25.09
₺24.71
₺24.41 (key support)
₺24.32
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🔄 Technical Indicators
MA(5): 6,006.21
MA(10): 9,856.96
Current Volume: 2,688.23 — ⚠️ Very low, suggesting weak market interest and risk of further decline
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⚠️ Trend Analysis
🔴 Bearish Indicators:
Sharp price drop with low volume.
Price near 24.41 support, and breach could lead to testing ₺24.00 psychological level.
No signs of bullish divergence.
🟡 Neutral Outlook:
Price could consolidate between ₺24.41 and ₺25.85 if sentiment stabilizes.
Requires volume pickup to shift direction.
🟢 Bullish Reversal? (Unlikely short-term)
Needs strong breakout above ₺26.24.
Confirmation via increased volume and daily close above resistance.
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📌 Summary Table
Indicator Status
Trend Bearish
Momentum Weak
Key Resistance ₺25.85 → ₺26.24
Key Support ₺24.41 → ₺24.00
Volume Analysis 🔻 Declining interest
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Would you like to compare LAYER to other DeFi tokens (e.g., RAD or SUI), or see a trendline chart for visual support/resistance structure?
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