🍀Price trend
The daily decline of about −5.8% indicates clear selling pressure in the short term.
Despite this, there is a slight positive movement on some platforms (~+0.6%) which may indicate a short-term technical rebound.
📉Support and resistance
Immediate support: the area around $0.56 – $0.57, which is the current price that recently appeared as the lowest range.
Immediate resistance: approximately $0.60 – $0.61, where the price has struggled to surpass this point.
🍀Technical momentum
The weekly trend is negative with a decline of ~−5.7% to −6.2%.
No recent RSI or MACD data available, but price fluctuations indicate bearish momentum currently.
Fundamental overview of the Solayer project
🔔What is Solayer?
It is a Restaking protocol on the Solana network, allowing the re-aggregation of SOL assets to increase security and provide additional benefits to users through decentralized systems (e-AVS) while achieving MEV gains and more. It uses InfiniSVM architecture to accelerate performance and horizontally scale using RDMA and SDN technology for very high speed.
🌟Important announcements and events:
The LAYER token was launched in February 2025 during the Genesis Airdrop event.
The project is supported by Binance Labs and several prominent investment funds within the Solana ecosystem.
🔔Brief technical analysis
Item Current status
Current price ~$0.57–0.58
Pre-support ~$0.56–0.57
Current resistance ~$0.60–0.61
Daily trend (%) Approximately −5.8%
Weekly performance Negative, around −6%
Overall momentum Bearish with a technical rebound possibility
🍀Summary: Solayer is in a clear bearish position in the short term, but if the price maintains support around $0.56–$0.57 and starts to rebound, a correction towards resistance at $0.60–$0.61 may occur. Breaking support could push the price down to lower levels, possibly around $0.50.
