The last price of one coin $LAYER is $0.6099. In the last 24 hours, it has fallen by 4%. 48.26% of the days the price of LAYER closed above the opening price.

Based on 17 technical indicators, 5 buy signals, and 9 sell signals, the technical analysis of the prices shows a bearish sentiment in the short term. The first significant resistance of the upward trend for $LAYER is at $0.6583. To continue the growth, it is necessary to close above this level. The support level is at $0.5966. Thus, if the price falls below $0.5966, we may see further price decline. If $LAYER closes above $0.6583, it may rise to the next resistance level at $0.7063.

The 14-day Relative Strength Index (RSI) currently stands at 49.17, indicating neutral conditions, meaning the market is neither overbought nor oversold. The Relative Strength Index (RSI) on the weekly chart is 50.85, which also indicates neutral market conditions.

On the daily chart, the exponential moving averages show a bearish signal. The price of Solayer is above the 10- and 20-day EMAs, but below the long-term 50-, 100-, and 200-day EMAs.#BuiltonSolayer @Solayer