$LAYER
- Strong rebound from the support level!
Higher lows are forming ⬆️
Increased buying pressure 🔥
The price of $LAYER successfully bounced from its lowest point at $0.6316, and it is now surging upward with strong trading volume. Momentum is increasing as it breaks through the secondary resistance level at $0.673, indicating a continuation of the upward trend.
🟢 Buy setup
Entry area: $0.670 - $0.675
Take Profit (TP): $0.705 / $0.735
Stop Loss (SL): $0.656
Market Outlook:
The price of LAYER is recovering from an oversold condition with increasing bullish momentum. If trading volume continues, we may see a retest of its previous highs around $0.734 or higher.