$LAYER /USDT – Key Support and Resistance Levels
$LAYER is currently trading at $0.6122, showing a slight dip of -2.93% over the last 24 hours. The token has seen a 24h high of $0.6336 and a 24h low of $0.5958, with notable trading volume indicating active participation.
The immediate support is around $0.5958, a key zone where buyers have previously stepped in to push prices higher. A break below this level could open the door to further downside pressure. On the upside, the first resistance is at $0.6280, followed by a stronger resistance zone near $0.6765.
Currently, the price is hovering around its MA(7) and MA(99) levels, suggesting a consolidation phase. If bullish momentum builds and the price breaks above $0.6280 with strong volume, we could see a push toward the $0.6765 resistance zone.
For traders, keeping a close eye on volume spikes and candlestick formations near these key levels will be crucial in anticipating the next breakout move.
