Here’s a technical and market overview of $LAYER
🧬 LAYER/TRY Market Snapshot
Current Price: ₺27.88
USD Equivalent: ~$0.19725
24h Change: +2.42% (bullish momentum building)
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📊 24-Hour Trading Range
Metric Value
24h High ₺28.32
24h Low ₺26.99
Spread ₺1.33
Range Bias Toward upper half of range (bullish short-term)
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📈 Order Book Depth (Key Levels)
Level Type Price (TRY)
Resistance 1 ₺28.32
Resistance 2 ₺28.69
Resistance 3 ₺28.85
Support 1 ₺27.46
Support 2 ₺26.76
Support 3 ₺26.07
Major Floor ₺25.53
➡️ Immediate Resistance: ₺28.32 – ₺28.85
➡️ Key Support Zone: ₺26.76 – ₺25.50
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📉 Volume & Moving Averages
Metric Value
Volume (LAYER) 871,192.62
Volume (TRY) ₺23.94M
MA (5) 38,662
MA (10) 33,306
🔹 Volume indicates decent market participation.
🔹 MA(5) > MA(10) implies short-term bullishness.
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📌 Sentiment & Strategy
Trend: Short-term bullish, potential for breakout if ₺28.85 is breached
Bias: Bullish-neutral
Trade Idea:
Above ₺28.32: Momentum long opportunity toward ₺29.50–₺30.00
Support Entry: Buy zone around ₺26.75–₺27.00 for bounce trades
Stop-Loss Zone: Below ₺25.50 if trend reverses
💡 Market Context
LAYER appears to be a DeFi-related token, and its TRY pair is benefiting from Turkish lira inflationary pressure + crypto sector recovery.
If broader DeFi sentiment remains strong, a move past ₺28.85 could open doors for mid-term gains.
Would you like alerts for breakout levels or a comparison with similar DeFi tokens (like LDO, UNI, etc.)?
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