($LAYER )
is trading at approximately $0.9328, with an intraday high of $1.26 and a low of $0.9316.
Recently, LAYER experienced a significant breakout, surging by 465.80%.
Trading Strategy:
Buy Zone: Consider purchasing LAYER between $1.10 and $1.00, which is identified as the current support zone following recent consolidation.
Target: Aim for a target price between $1.50 and $1.52, aligning with recent highs.
Stop Loss: Set a stop-loss order below $0.85 to limit potential losses if the price declines.
Understanding Stop-Loss Orders:
A stop-loss order automatically sells your cryptocurrency if its price falls below a specified level, helping to minimize losses.
Price Predictions:
2025: LAYER's price is expected to range between $0.055 and $0.1456.
2030: Projections suggest a price between $1.50 and $2.50, with an average of $2.00.
Final Thoughts:
Cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your financial situation before making investment decisions.
