@Solayer 📊 Analysis of LAYER/USDT (4H)
Technical picture:
🔻 Figure: a descending wedge is forming, which often signals a potential bullish breakout if it consolidates above the upper boundary.
📉 Trend: the asset has been in a downtrend since July, but a local narrowing of the range is observed.
✅ Key resistance zone: $0.58 – $0.60 (MA25 + Ichimoku cloud).
✅ Support: $0.54 – $0.545.
📈 Signal: a breakout above $0.60 will open the way to $0.65–$0.70. A breakdown below $0.545 is negative, with a target of $0.50.
🔍 Fundamental (briefly)
Solayer is a restaking and liquid restaking protocol on Solana.
💡 Allows:
✔ Staking SOL or LST (liquid staking tokens)
✔ Participating in AVS and other solutions, generating additional income.
📌 The concept is relevant — the restaking market is actively developing (especially after the EigenLayer trend on ETH).
🚀 Growth factors:
Growing interest in liquid staking on Solana
Integrations with DeFi protocols
⚠️ Risks:
Competition (Marinade, Jito)
Overall activity of the Solana ecosystem
🔥 Conclusion:
Technically: watching for a breakout of the wedge upwards ✅
Fundamentally: strong sector (restaking trend)
Key zone for a bullish scenario: $0.60
