$LAYER
/USDT Technical Analysis – March 12, 2025
LAYER has shown strong momentum in the last 24 hours, with a high of $1.0303 (+12.28%) and a low of $0.8991, indicating high volatility. The 24-hour volume is 26.06M LAYER ($25.32M USDT), reflecting increased trader activity.
Key Technical Levels & Targets 🎯
1️⃣ Immediate Resistance - $1.0350
The current price action is testing this level. A breakout above it could push LAYER towards new highs.
2️⃣ Mid-Term Target - $1.0500
If bullish momentum continues, this psychological level may act as the next resistance.
3️⃣ Major Resistance - $1.0800
A strong breakout and sustained trading above $1.0350 and $1.0500 could lead LAYER to test this crucial level.
Indicators & Market Outlook
MA60 (1.0076): LAYER is trading above this moving average, signaling a bullish trend.
Support Levels: If a retracement occurs, the key supports to watch are $1.0143, $1.0051, and $0.9959.
Volume & Momentum: With high trading volume, bulls currently have control, but watch for potential corrections.
📌 Conclusion: A break above $1.0350 could push LAYER toward $1.0500–$1.0800, while failure to hold current levels may result in a pullback toward $1.0143–$0.9959. Keep an eye on volume and trend confirmations for the next move!
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