$LAYER /USDT is currently trading at $0.5549, showing a steady yet cautiously optimistic market outlook. On the downside, the first significant support sits around $0.5200, where buyers have historically stepped in to prevent deeper declines. If selling pressure increases, the next crucial support zone lies near $0.4800, an area linked to a previous accumulation phase that could provide a solid foundation for price stability. Maintaining levels above these supports is essential to preserve short-term bullish sentiment.
On the resistance front, the immediate hurdle lies at $0.5900, where past upward attempts have been met with profit-taking and weaker buying activity. A clean breakout above this level could open the door toward $0.6500, a critical psychological and technical resistance that has the potential to accelerate bullish momentum.
Overall, $LAYER maintains a neutral-to-bullish structure as long as it trades above its key support zones. Traders should closely monitor price action around resistance levels for signs of a confirmed breakout and stronger upward continuation.
