🚨 $LAYER
/USDT – Bullish Surge or Resistance Test Ahead? +7.50% Today! 🔥
$LAYER is showing strong upside momentum, gaining over 7% with significant volume! Is this the start of a bigger move, or are we nearing local resistance? Let’s break it down:
📊 Market Overview
📍 Current Price: $0.7064
📈 24h High: $0.7600
❄️ 24h Low: $0.6383
📦 24h Volume (LAYER): 57.27M
💰 24h Volume (USDT): $39.91M
📉 Technical Snapshot:
Parabolic SAR: Trending below price – bullish support
EMA Alignment: Short-term EMAs crossing up – trend confirmation
MACD: Turning upward – bullish divergence building
Volume: High and rising = confidence from buyers
📈 $LAYER Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $layerHolds Above $0.700):
Entry: Above $0.710
Targets: $0.740, $0.760, $0.790+
Stop-Loss: $0.672
🔹 Bearish Scenario (If $layerFalls Below $0.670):
Entry: Below $0.670
Targets: $0.640, $0.615, $0.590
Stop-Loss: $0.705
🔍 Trading Insights
✅ Uptrend supported by volume – breakout continuation likely
✅ Watching $0.760 resistance – if cleared, next leg up begins
⚠️ Sharp rejection at $0.710–$0.740 could bring a quick retracement
💡 Pro Tip:
Look for consolidation between $0.700–$0.710. If volume continues to rise with sideways action, breakout probability increases significantly.
📢 What’s your next move—scaling in or waiting for confirmation? Drop your thoughts below!
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