$LAYER /USDT – STRUGGLING NEAR $1.48 RESISTANCE, VOLATILITY AHEAD

Market Analysis:

$LAYER /USDT gained 8.59%, peaking at $1.4786 before facing visible rejection. The uptrend from the $1.2560 low is intact, but multiple wicks near the top suggest buyers are hesitating at the resistance. The current price is consolidating around $1.4492, holding above the key support zone.

Technical Levels:

24H High: $1.4786

24H Low: $1.2560

Current Price: $1.4492

Immediate Resistance: $1.4786

Support Range: $1.3918 – $1.3428

What’s Next:

A successful push above $1.4786 may lead to breakout continuation toward $1.52+. If price fails to clear the level and drops below $1.39, a pullback toward $1.34–$1.30 is likely.

Trading Plan:

Breakout Entry: Above $1.48

Pullback Buy: $1.39–$1.34

SL: $1.30

TP: $1.52 / $1.58

Pro Tip:

Watch volume and momentum near resistance. A bullish engulfing candle above $1.48 would signal strength.

Buy and Trade here on $LAYER

#LAYERUSDT #CryptoResistance #AltcoinUpdate #MarketNext #TradingSetup