Buyers Regain Control – $LAYER Trading Back Above $0.54

After testing the $0.525 support, layer has bounced back to $0.54, confirming strong demand at lower levels. The recovery comes on the back of renewed buying momentum, with Binance order books showing thick buy walls between $0.52–$0.53.

From a technical standpoint, the 200 EMA remains below current price action, serving as long-term dynamic support. As long as layer trades above this line, the broader bullish structure stays intact. Short-term resistance sits near $0.56, and a successful break could open the path toward $0.60–$0.62.

Market sentiment remains cautiously optimistic. RSI trending upward and MACD nearing a bullish crossover suggest momentum is building. For traders, the strategy is clear: accumulation near support zones with targets set toward higher resistance. Long-term investors remain focused on Solayer’s expanding role in blockchain modularity, keeping fundamentals bullish.

☞ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed #BuiltonSolayer and @Solayer