technical and market overview for $LAYER /TRY

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๐Ÿงฉ LAYER / TRY (DeFi Sector) Overview

Current Price: โ‚บ25.93

USD Equivalent: $0.6538

24h Change: -1.03% ๐Ÿ”ป

Category: DeFi

Exchange: BINANCE

๐Ÿง  Price has pulled back near local support after testing the โ‚บ30 rangeโ€”showing short-term consolidation.

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๐Ÿ“Š 24-Hour Trading Summary

Metric Value

24h High โ‚บ30.08

24h Low โ‚บ25.45

24h Volume (LAYER) 14.39M

24h Volume (TRY) โ‚บ398.49M

๐Ÿ“‰ Price is hovering near the lower end of the 24h range, indicating mild selling pressure or cooldown.

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๐Ÿ“‰ Depth Chart & Key Levels

Resistance Levels Current Price Support Levels

โ‚บ30.32 โ‚บ25.93 โ‚บ25.45

โ‚บ30.08 โ‚บ25.21

โ‚บ29.29 โ€”

โ‚บ28.27 โ€”

๐Ÿ”บ Resistance Zone: โ‚บ28.27 โ€“ โ‚บ30.32

๐Ÿ”ป Support Zone: โ‚บ25.21 โ€“ โ‚บ25.45

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๐Ÿ“ˆ Technical Indicators

Indicator Value

Latest Volume 5,862.63 LAYER

MA(5) 23,972.95 LAYER

MA(10) 55,985.79 LAYER

โš ๏ธ Current trading volume is significantly lower than both moving averages, suggesting weakening activity.

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๐Ÿงญ Trend Summary

Metric Insight

Trend Neutral to Bearish

Volatility Moderate

Momentum Cooling off

Outlook Short-term range-bound / potentially oversold soon

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๐Ÿ”Ž Short-Term Trading Strategy

Strategy Zone

Buy Zone โ‚บ25.21 โ€“ โ‚บ25.45

Sell Targets โ‚บ28.27 / โ‚บ30.08

Breakout Entry Above โ‚บ30.32

Stop Loss Below โ‚บ25.00

๐Ÿ“Œ Entry near โ‚บ25.45 offers a favorable risk/reward if bounce occurs with stronger volume.

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๐Ÿ“Œ Final Thoughts

LAYER is approaching key technical support, but volume must increase before confirming any bounce.

Price appears to be cooling off after a strong runโ€”look for base-building before re-entry.

Ideal for range traders or short-term scalpers within the โ‚บ25โ€“โ‚บ30 band.

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Would you like an RSI or MACD signal analysis for LAYER/TRY, or a side-by-side comparison with a similar DeFi token?

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