1. Summary
$LAYER has liquidity & volume from listing/marketing but the price is returning to test support — may bounce technically if it holds the action zone.
• Price: ~$0.55–0.56
• monitor rejection at support and signs of increased volume to confirm a rebound.
2. Market overview
Initial cash flow was triggered by the listing effect / Square post and marketing on the exchange, creating liquidity and volatility; currently, momentum is slowing and market participants are more cautious.
3. Technical analysis
Short-term bias: neutral → bearish if support is broken. On the 1-hour chart: price ~0.5583, action support ~0.5454, short resistance ~0.584–0.59 and stronger zone ~0.6175; RSI on the chart shows rebound momentum but no confirming volume yet — need a solid 4-hour close above resistance to change bias.
4. Fundamental analysis
Solayer (LAYER) is traded on major exchanges, has circulating supply and market cap according to aggregator sites; the project is promoted as a foundational token (see exchange notes/announcements) — read the whitepaper/tokenomics carefully as unlock/vesting may put pressure on supply.
5. Sentiment analysis
Sentiment is currently somewhat cautious: retail is responding to the initial listing but smart money is paying attention to the unlock schedule; monitor on-chain flows and token transfers to CEX as signs of significant selling.
6. Strategy
Entry: buy cautiously when there is a solid 4-hour close > $0.59 with volume, or buy cautiously on clear rejection at ~$0.545–$0.548 with wick rejection.
Stop-loss: exit if 4-hour close is below $0.52 (break of action support).
TP1: ~$0.62–$0.66 (take profit 1 part); TP2: ~$0.75 if momentum is strong and there is no negative unlock.
Triggers for early exit: announcement of large unlock/vesting, large token transfers to the exchange, or negative news from the dev team/exchange.
