Quick Technical Analysis for Currency $LAYER #layer LAYER:
1. Current price is $0.6127 with a slight increase of 2.37%, and a 97.6% optimistic trend over 24 hours.
2. Supported by InfiniSVM technology to enhance the Solana platform, with a $150,000 liquidity campaign supporting interaction.
3. The Relative Strength Index (RSI) is high (around 78 on a 4-hour interval) indicating an overbought condition, possibly followed by a temporary correction.
4. Strong support expected around $0.56, with resistances at $1.1 - $1.5 according to previous market analyses.
5. Price forecasts for 2025 indicate a gradual rise potential up to $6.5 in the last quarter if momentum continues.
In summary, LAYER is in a good position with upward momentum but may experience a short correction before continuing its rise.
