Analysis of $LAYER /USDT Chart:
Current Price & Change:
The current price is $1.2444, up +15.15% in the last 24 hours.
The recent 4-hour candle is strong and bullish.
Prediction – Will LAYER Rise or Fall?
Bullish Case (Uptrend Continues):
If $1.25 is broken, the price could rally to $1.30-$1.40.
The 30-day trend is extremely bullish (+79.99%), indicating strong momentum.
Bearish Case (Pullback Expected):
If buyers fail at $1.25, there could be a drop to $1.10-$1.15.
High volatility may cause profit booking.
Verdict:
Short-term: Likely to test $1.25 resistance before deciding direction.
Medium-term: If $1.25 is broken, price could rise further.
Risk: If it fails at $1.25, a correction is likely.
