🌊 $LAYER /USDT – RIDING THE CONSOLIDATION WAVE 🚀❓#LAYER is holding around $0.7115 (+1.85%) after a sharp drop to $0.6392 and a rebound. ⚡🔥 Volume’s decent (35.4M LAYER), but price is now dancing in a tight band. Let’s break it down:

📊 Quick Snapshot (15m):

Swing: Fell from $0.7421 → $0.6392, then bounced. Buyers showed up at lows.

Range: Trapped between $0.7020 (support) and $0.7246 (resistance). Multiple tests but no decisive break yet.

Vol: Lower during this chop—normal for range play.

🚩 Key Scenarios:

1. Bullish Breakout: A clean move above $0.7246 on rising volume could target back to $0.7421 and beyond.

2. Bearish Breakdown: Drop below $0.7020 with conviction may retest $0.6793 or revisit $0.6392.

3. Sideways Grind: More back-and-forth in the range if neither side commits, offering short-term range trades for pros.

Consolidation after volatility often precedes a big move. Watch volume spikes on a breakout or breakdown. Keep an eye on broader DeFi sentiment—news can tip the balance. Trade with discipline. For many, waiting for a clear break is safer than guessing the next swing. Always manage risk! What’s your take breakout or more chop? 👇

Buy and Trade $LAYER