Analysis $LAYER 🚀🔥🔥

1. Trend and Moving Averages (MA)

MA(7): 1.0230 – short-term moving average

MA(25): 1.0583 – medium-term

MA(99): 1.1067 – long-term

Price 1.0041 is below all moving averages, confirming a strong downward trend.

2. Support and Resistance Levels

Support: 1.0011 – local minimum, if broken, further sell-off may occur.

Resistance: 1.0230 (MA7) and 1.0583 (MA25) – key levels to break for trend reversal.

3. Volume and Market Sentiment

24h Volume: 824,645.96 LAYER – high activity, indicating significant volatility.

Order book: 55.22% buyers vs. 44.78% sellers – slight advantage for buyers.

4. Price Movement Dynamics

Daily change: -9.20% – strong decline, but a technical rebound is possible.

7-day change: +17.02% – despite today's drop, the weekly trend is upward.

30-day change: +37.62% – long-term upward strength remains in place.

Summary and Possible Scenarios

1. Continuation of decline – if the price breaks support at 1.0011, further drop may occur.

2. Technical rebound – if buyers defend support, a quick return to 1.02-1.03 is possible.

3. Stronger rebound – breaking 1.0583 (MA25) could indicate a return to upward movements.