$LAYER / USDT – Bullish Momentum Building

$LAYER is showing a strong breakout from consolidation with a sharp bullish move.

🔍 Key Observations:

Price Surge: The latest candle shows a breakout from the sideways range, with the price jumping from around $1.4880 to $1.5852.

Moving Averages:

MA(7) has crossed above MA(25), a short-term bullish signal.

Price is now above MA(99) (~$1.56), indicating potential shift to mid-term bullish bias.

Volume Spike: There's a clear volume increase, supporting the breakout. This confirms strong buyer interest.

📈 Levels to Watch:

Resistance: $1.5844 (previous high on chart); a close above this may open the path toward $1.60+.

Support: $1.54 – $1.56 zone (MA cluster and prior resistance turned support).

Trade on $LAYER