#LAYER

📊 Current Market Status

Price: $0.6870

24h Change: +3.92%

24h High / Low: $0.7132 / $0.6360

Recent Low: $0.6011 (strong support)

🔍 Technical Indicators

MA(5): Above MA(10), indicating short-term bullish momentum.

Volume: Rising slightly — suggests renewed interest.

Recent Bounce: Strong bounce from $0.6011 (support zone).

Resistance Zone: Around $0.7050 – $0.7132

Support Levels:

Immediate: $0.6464

Strong: $0.6011

🔼 Bullish Signals

Price making higher lows.

Daily green candles forming a potential uptrend reversal.

Volume is increasing alongside price — a healthy bullish sign.

⚠️ Caution Zone

Watch for resistance near $0.7050–$0.7130 — a rejection here could lead to consolidation.

If price breaks above $0.7132 with volume, next target could be around $0.76 or higher.

✅ Strategy Suggestion

Bullish Bias: Above $0.6870, with confirmation above $0.7130.

Watch for Breakout: If $0.7130 breaks with strong volume, potential for rally continuation.

Stop-Loss: Consider around $0.6450 for short-term trades.