$LAYER /USDT
📊 Price Overview:
Current Price: $1.1078 (+453.90%)
24h High: $1.5242
24h Low: $0.2000
24h Volume (LAYER): 538.97M
24h Volume (USDT): 586.16M
📈 Technical Indicators:
MA(7): 1.1068 (Yellow)
MA(25): Not available
MA(99): Not available
🔍 Market Context:
Massive price surge from $0.2000 to a peak of $1.5242.
Price retraced from highs but is stabilizing around $1.10.
High trading volume suggests strong market interest.
Short-term support around $1.10, with resistance near $1.52.
⚡ Trading Insight:
Bullish Scenario: If price breaks above $1.20, it may retest $1.50+.
Bearish Scenario: If price drops below $1.10, it could test $0.90 - $0.80.
Watch Volume: Declining volume could indicate weakening momentum.