$LAYER AT A CROSSROAD
LAYER is currently trading at $0.6134, consolidating just above the short-term support zone after recent selling pressure. The market is showing hesitation, with bulls and bears battling for control in a tight range.
Key Levels to Watch
• Resistance: $0.6150 – A breakout above this could open the path toward $0.6180 and $0.6220.
• Support: $0.6110 – A drop below here could send LAYER toward $0.6080 and $0.6050.
Trade Setup – Prepare for Breakout or Breakdown
• Bullish Entry: A confirmed move above $0.6150 could target:
• Target 1: $0.6180
• Target 2: $0.6220
• Bearish Entry: A break below $0.6110 could target:
• Target 1: $0.6080
• Target 2: $0.6050
Current sideways action suggests a potential volatility spike is near — watch for volume confirmation before entering.