$LAYER - 🚀 BULLISH MOMENTUM BUILDING! 🔥
$LAYER is showing strong upside momentum, and the 15-minute chart confirms a solid bullish structure. Buyers are stepping in aggressively, and all signs point to a potential breakout above key resistance.
Here’s why this setup looks promising for bulls:
🔸 EMA(7, 25, 99) Bullish Alignment – Short-term EMAs are trending above longer ones, signaling strong upside momentum.
🔸 RSI(6): 79.38 – Near overbought territory, confirming bullish strength.
🔸 Volume Surge – Increased buy-side volume suggests strong demand and potential continuation.
🔸 Key Resistance: $1.5253 – If broken, we could see a move toward $1.55+.
What’s Next?
Right now, $LAYER is testing a crucial resistance level. If bulls manage to break above $1.525, we could see a continuation toward new highs. However, if a rejection occurs, a healthy pullback to $1.49 could provide another buying opportunity before another leg up.
Are we about to witness a breakout rally? Stay tuned and watch the price action closely!
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