🚀 $LAYER/USDT Set to Continue Bullish Run – Key Levels to
Watch 🚀
is currently riding a strong bullish wave, surging by +13.61% and trading at $0.7247. After bouncing back from a low of $0.6216, it’s now testing its 24-hour high of $0.7377. The momentum is fueled by strong buying interest, as evidenced by the significant trading volume of 26.95M LAYER. With this surge, $LAYER is on track to push towards higher targets, potentially reaching $0.75 and even beyond if resistance levels are breached.
For $L$LAYER maintain its upward trajectory, it needs to hold above the $0.72 level. If it does, the next targets would be $0.75 and $0.78. However, if the price faces resistance at the $0.74 mark, we may see a temporary pullback to the $0.70 - $0.68 range, providing another potential entry point for traders. A break above $0.74 would signal further bullish continuation, with $0.80 being the next key resistance. On the other hand, a dip below $0.70 could signal a short-term correction, so keep a close watch on price action.
A crucial factor to monitor is the trading volume – if the volume continues to rise, it will likely confirm the strength of this bullish rally. A strong close above the key resistance levels would pave the way for an extended breakout, making LAYER exciting opportunity for those looking to capitalize on its upward momentum.
Stay alert to key resistance and support levels, as they will be critical in determining $LAYER’s next moves. With its current momentum, this token is well-positioned to make a run towards higher price levels.