📉 $LAYER /USDT – Weakness Persists, Caution Advised
Current Price: 0.6951 USDT (-0.60%)
24H Range: 0.6783 – 0.7171
Volume: 3.01M USDT
🔍 Analysis:
LAYER is struggling to sustain above 0.70, facing consistent rejections near 0.7170. The price is hovering just above the recent low of 0.6783, indicating bearish pressure.
📌 Trading Signal:
Short Entry: Below 0.6900
Target 1: 0.6780
Target 2: 0.6650
Stop Loss: 0.7050
Alternatively, if price holds and rebounds above 0.7050, a short-term bounce to 0.7170–0.7200 is possible, but strength confirmation is needed.
⚠️ Insight:
Current momentum is weak. Only trade on clear breakdown or strong volume recovery.