🚨 Layer Coin (LAYER) Market Update – Is the Top In? 🚨

📉 Layer Coin (LAYER) is showing signs of weakness after repeated rejections from the $1.51 resistance. While the price structure is still forming higher highs and higher lows, warning signs indicate a potential reversal.

Market Overview

💰 Market Cap: $294M

📊 24H Trading Volume: $85M

📈 Trend: Bullish but facing strong resistance

Key Support & Resistance Levels

🔻 Support Levels:

$1.31 (Critical stop-loss level)

$1.10 (First major downside target)

$1.00 (Key support if further correction occurs)

📈 Potential Upside Targets:

$1.51 (Major resistance zone)

Breakout above $1.51 could lead to higher highs

Trading Strategy

✅ If Holding: Set stop-loss below $1.31 to avoid potential downside.

🚨 If Entering New Trades: Avoid buying at current levels; wait for a dip to $1.10 - $1.00 for a safer entry.

🔄 Swing Trading Opportunity: Buy near $1.10 and sell near $1.51 for potential 35% upside.

Final Thoughts

⚠️ Layer Coin has been bullish, but rejections at $1.51 suggest exhaustion. If $1.31 fails, expect a decline to $1.00 - $1.10 before any strong recovery. Trade cautiously and always use stop-losses.

$LAYER

📢 Stay updated for the next move!

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