@Solayer #BuiltonSolayer $LAYER

📊 LAYER/USDT Analysis (6H)

🔻 Technical Picture:

Figure: contracting descending wedge → often a precursor to a breakout upwards.

Current Price: $0.5577.

Resistance:

✔ $0.5614 (nearest level)

✔ $0.5767 (MA25)

✔ $0.6097 (MA99 + upper Ichimoku cloud).

Support: $0.5457 (lower boundary of the wedge).

Indicators:

⚠ SAR below the price → support for bulls.

❌ Ichimoku cloud remains red (bearish trend).

❌ Moving averages are pressing from above → downward pressure.

📈 Scenario:

Breakout upwards $0.576 → chance for $0.61 (MA99).

If breakout downwards $0.545 → risk of testing $0.52–0.50.

🔍 Fundamentals (briefly)

Solayer — restaking and liquid restaking in the Solana ecosystem:

✔ Allows staking SOL and LST (liquid staking tokens) → additional income.

✔ Supports AVS (Active Validation Services) and additional solutions for network security.

✔ Aims to maximize the profitability of stakers in Solana DeFi.

🚀 Strengths:

In the trend of restaking (similar to EigenLayer on ETH).

Growth of the Solana ecosystem after DeFi integrations.

⚠ Risks:

Competition with other LST and restaking protocols.

Dependence on the overall activity of Solana.

🔥 Conclusion:

Technically: asset in the compression zone → preparing for a breakout.

Fundamentally: strong idea for Solana, promising with the growth trend of LST and restaking.