š” Quick technical analysis:
ā Strong rebound from the bottom of 0.6023!
LAYER recorded an amazing bounce towards 0.7600 then corrected, but it currently shows clear accumulation signs near 0.6929 ā indicating readiness for a new upward wave!
ā RSI at 56.28 ā positive momentum is returning!
The Relative Strength Index is in a comfortable zone, neither overbought nor oversold ā ideal for completing the rise!
ā MACD is crossing near zero! $LAYER
On the verge of a new bullish crossover ā this could be the spark for consecutive green candles! The momentum is clearly shifting from negative to positive.
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š Expected scenario:
š If LAYER breaks the 0.6985 level, we might see a quick return to test 0.7332 then the previous peak at 0.7600!
š”ļø The strongest support lies in the 0.6638 ā 0.6650 area, which has proven its strength recently as a retracement level.
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š„ Is LAYER ready for a price explosion?!
With the increase in trading volume and improvement in technical momentum, it seems that the currency is preparing for critical breakthroughs!
Could this be the next launch towards higher levels? š
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š¢ Share your opinion:
Do you expect to break 0.76 and reach 0.80 soon? Or are you waiting for confirmation? š