LAYER/USDT: Pullback Signals After a Sharp Run-Up

LAYER has surged aggressively in recent weeks, reaching a local high above $3.60, but today’s daily candle shows a notable rejection near key resistance, followed by a pullback of over 7%.

Momentum is slowing, and price action suggests that a short-term cooling phase may be underway.

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Key Levels to Watch:

Immediate support: $2.80 – $2.90

Deeper support zone: $2.55

Upside trigger: Reclaim of $3.20

Breakout continuation zone: $3.60+

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Market Outlook:

The asset remains in a strong uptrend, but the current setup indicates temporary exhaustion. A healthy pullback could open opportunities for repositioning.

If buyers step in and reclaim $3.20, bullish momentum may resume.

Otherwise, watch for continuation lower toward key supports.

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