USDT– Pullback or Fakeout?
Current Price: $2.0731 (+12.82%)
24H Range: $1.8375 – $2.1956
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Cooling Off After the Surge:
After hitting nearly $2.20, $LAYER is experiencing a healthy retracement. Price is now hovering around the $2.05–$2.07 demand zone, which could serve as a launchpad if bulls regain control.
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Key Levels to Watch:
Resistance: $2.10 / $2.20
Support: $2.05 / $1.95
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Bounce Trade Setup:
Entry Range: $2.05 – $2.08
Target 1: $2.10
Target 2: $2.18
Stop Loss: $1.98
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Market Snapshot:
With volume still strong above 17M, the dip appears to be routine profit-taking post-pump. This consolidation zone could be the stage for the next move.
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Pro Tip:
Watch for a bullish engulfing candle above $2.05—this could mark the start of a fresh leg higher.
Breakdown or Bounce?
Keep a close eye on $LAYER YER—any bullish reversal here might spark a new wave of momentum!
Price: 2.0729
Change: +12.43%
