๐๐ผ๐๐๐/๐๐๐ฟ๐ ๐๐๐ค๐ฌ๐๐ฃ๐ ๐๐ฉ๐ง๐ค๐ฃ๐ ๐๐ค๐ข๐๐ฃ๐ฉ๐ช๐ข! ๐๐
$LAYER is making waves in the market, posting solid gains and attracting significant trading volume. The DeFi token is currently in an uptrend, showing bullish signals.
๐ Market Overview:
โ Current Price: $1.1029 (+13.41%)
โ 24H High: $1.1485
โ 24H Low: $0.9710
โ 24H Trading Volume:
๐น 19.43M LAYER
๐น 20.65M USDT
๐ Price Action & Trend Analysis
LAYER has been on an upward trajectory, climbing from below $1 to a peak of $1.1485 in the last 24 hours. The strong buying pressure indicates bullish sentiment, but some resistance is evident around $1.15. If buyers maintain control, we could see another breakout, potentially pushing towards the $1.20-$1.30 range.
๐ Key Levels to Watch:
๐ธ Resistance: $1.15 - If broken, next target could be $1.20
๐ธ Support: $0.97 - Holding this level is crucial for continued uptrend
โก Trading Insights:
๐น Bullish Case: A sustained move above $1.15 could confirm further upside momentum.
๐น Bearish Case: If LAYER fails to break resistance, we might see a pullback to support at $1.00 or lower.
๐ข Whatโs Next?
With high volume and strong price action, LAYER is looking promising. Traders should keep an eye on key resistance levels while managing risk in case of corrections.
๐ Are you bullish or bearish on LAYER? Drop your thoughts below! ๐ฌ๐
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