🚀 $LAYER /USDT: Price Drops 20% – Is a Rebound Coming? Key Levels to Watch! 🚀
LAYER/USDT has seen a sharp -20.35% decline, currently trading at $0.8867. With strong support and resistance levels in play, could we see a bounce back? Let’s dive into the key data and trading targets.
🔹 Market Overview
📉 Current Price: $0.8867
📊 24h High: $1.1800
📉 24h Low: $0.8766
💰 24h Volume: 173.19M LAYER ($177.83M USDT)
🔥 Key Levels & Moving Averages
📌 Support Levels: $0.8858 → $0.8766 → $0.8689
📌 Resistance Levels: $0.9608 → $1.0067 → $1.0526
📌 MA(7): $0.8982 | MA(25): $0.9425 | MA(99): $1.0098
🎯 Potential Trading Targets
✅ Target 1: $0.94 (Short-term resistance near MA25)
✅ Target 2: $1.00 (Psychological level & MA99)
✅ Target 3: $1.05+ (Breakout confirmation level)
📢 Market Sentiment & Strategy
Bullish Case: If LAYER holds above $0.8766, we could see a bounce towards $0.94 - $1.05.
Bearish Case: A break below $0.8689 may lead to further downside.
Short-term traders: Watch for volume increase near key resistance zones for a potential breakout.
📊 What’s Your Next Move? Will LAYER recover soon, or is more downside coming? Drop your thoughts below! 👇
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