#BuiltonSolayer and $LAYER @Solayer
Over the last day, $LAYER has been consolidating in a tight range above $0.6167, indicating that traders are in an accumulation phase. The steady buying interest, combined with the token’s ability to hold above $0.6050 support, is painting a constructive technical picture. While short-term resistance at $0.6450 is still intact, market participants are positioning for a breakout. Historically, similar consolidation phases for $LAYER have led to sharp upside moves once key resistance zones were breached. A confirmed breakout could see targets at $0.68–$0.70, with swing traders potentially eyeing $0.72 in an extended move. For now, patience remains key, but the overall structure favors the bulls.
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