USDTโ€“ Pullback or Fakeout?

Current Price: $2.0731 (+12.82%)

24H Range: $1.8375 โ€“ $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 $2.05โ€“$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 โ€“ $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 $2.05โ€”this could mark the start of a fresh leg higher.

Breakdown or Bounce?

Keep a close eye on $LAYER YERโ€”any bullish reversal here might spark a new wave of momentum!

$LAYER

Price: 2.0729

Change: +12.43%

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