$LAYER /USDT

Current Price: $1.0842 (+442.10%, extremely volatile)

24h High/Low: $1.5242 / $0.2000

Moving Averages (MA):

MA(7): $1.1022 (yellow, short-term)

✅MA(25): $1.2190 (pink, mid-term)

Technical Outlook:

Bearish Correction: Price is below MA(25), signaling a short-term downtrend.

Support Zone: Around $0.80 - $1.00.

Resistance Level: $1.30 - $1.50 if recovery happens.

Trading Suggestion:

Short-term traders: Wait for a reversal signal above MA(25) before entering a long trade.

If price stays below $1.10, further downside may occur.

Scalping possible if price holds above $1.00 support zone.#LAYEROnBinance #layer #LayerAnalysis #LAYEROnBinance #BTCStateReserves