$LAYER/USDC Analysis: A Quick Look
The chart for LAYER/USDC shows a positive trend, with the price currently at $0.6123, up 1.56% in the last 24 hours. The trading volume over this period is strong, with over 203,000 LAYER and 123,000 USDC traded.Looking at the candlestick chart, we can see the price has been trending upward since August 16th. The Moving Averages (MAs) confirm this bullish sentiment, with the 7-day MA ($0.5125), 25-day MA ($0.6097), and 99-day MA ($0.6164) all positioned to support the recent price action. The price is currently sitting just below the 99-day MA, which could act as a minor resistance level. The volume indicators (VOL) also appear healthy, suggesting a strong interest in the asset. Overall, the chart reflects a positive short-term outlook$LAYER
